Ready Capital Corporation
RC-PCReal Estate · Stock · quarterly payer
Forward Yield
13.05%
Annual Dividend
$1.56
Payout Ratio
—
5-Yr Growth
—
Ex-Date
Jun 30, 2026
Frequency
Quarterly
Summary
As of July 2026, Ready Capital Corporation (RC-PC) yields 13.05% ($1.56 per share annually), with a blended fair-value estimate of $14.36 — +20% upside, so it screens as undervalued. Dividend safety grade: C (57/100).
Is RC-PC a good dividend stock?
MixedReady Capital Corporation (RC-PC) pays a quarterly dividend yielding 13.05% ($1.56/yr), with 0 years of growth and a dividend-safety grade of C. The picture is mixed — the dividend pays, but safety or growth signals are weaker than ideal.
Advantages
- Never cut its dividend on record
Risks
- Very high yield can signal elevated risk
- Share price is down over the past 5 years
Key Data
- Dividend Yield
- 13.05%
- Payout Ratio
- —
- Annual Dividend
- $1.56
- 5-Yr Avg Growth
- —
- Ex-Dividend Date
- Jun 30, 2026
- Years of Growth
- 0
- Frequency
- quarterly
- Beta
- 1.49
- Market Cap
- —
- P/E Ratio
- 5.4
- 5-Yr Total Return
- -52%
- 52-Week Range
- $9.62 – $17.23
- Dividend Safety
- C · 57/100
- Ever Cut?
- No
Frequently Asked Questions
RC-PC Price — Last 12 Months
Daily close
Price Return
1 Year
-26%
3 Years
-40%
5 Years
-52%
52-Week Range
$9.62 – $17.23
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is RC-PC worth?
Undervaluedlow confidenceOur blended fair-value estimate for Ready Capital Corporation is $14.36 per share, versus a market price of $11.97. That implies 20% of upside — a margin of safety of about 17%.
Fair Value
$14.36
Current Price
$11.97
Upside
+20%
Margin of Safety
17%
How we get there
Dividend discount
Discounts the future dividend stream back to today.
Assumptions: 11.7% discount rate (CAPM), -5.0% stage-1 growth, 2.5% terminal growth, $2.21 EPS, $1.56 annual dividend. Updated weekly.
Fair-value estimates are model output for educational purposes only — not investment advice or a price target.
RC-PC Dividend Safety Score
Borderline
SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.
Dividend Growth
Total dividends per share by year
Dividend History
| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| Jun 30, 2026 | — | $0.3906 | regular |
| Mar 31, 2026 | — | $0.3906 | regular |
| Dec 31, 2025 | — | $0.3906 | regular |
| Sep 30, 2025 | — | $0.3906 | regular |
| Jun 30, 2025 | — | $0.3906 | regular |
| Mar 31, 2025 | — | $0.3906 | regular |
| Dec 31, 2024 | — | $0.3906 | regular |
| Sep 30, 2024 | — | $0.3906 | regular |
| Jun 28, 2024 | — | $0.3906 | regular |
| Mar 27, 2024 | — | $0.3906 | regular |
| Dec 28, 2023 | — | $0.3906 | regular |
| Sep 28, 2023 | — | $0.3906 | regular |
| Jun 29, 2023 | — | $0.3906 | regular |
| Mar 30, 2023 | — | $0.3906 | regular |
Income Calculator
At $1.56 / yr per share
