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Ready Capital Corp T.RC


Primary Symbol: RC Alternate Symbol(s):  RC.PR.C

Ready Capital Corporation is a multi-strategy real estate finance company that originates, acquires, finances and services small- to medium-sized balance commercial loans. Its segments include LMM Commercial Real Estate and Small Business Lending. The LMM Commercial Real Estate segment originates lower-to-middle-market commercial real estate (LMM) loans across the full life cycle of an LMM property including construction, bridge, stabilized and agency loan origination channels through its wholly owned subsidiary, ReadyCap Commercial, LLC. These originated loans are generally held-for-investment or placed into securitization structures. As part of this segment, it originates and services multi-family loan products under the Freddie Mac SBL program. The Small Business Lending segment acquires, originates and services owner-occupied loans guaranteed by the Small Business Administration (SBA) under its SBA Section 7(a) Program through its wholly owned subsidiary, ReadyCap Lending, LLC.


NYSE:RC - Post by User

Comment by woolwichon Nov 16, 2016 3:58pm
94 Views
Post# 25471213

RE:RE:RE:Total Silence

RE:RE:RE:Total SilenceI share your concern but would question the wisdom or liklihood of a special dividend.  Ultimately it would send a very loud message tht management does not know how to invest the cash in something that will generate a good return.  As for a dividend increase in 2017, a 25% hike to 10 cents will cost RDM over $2.2 million annually.  The company's performance over the last 10 years is nothing less than a roller coaster; the combined net loss in the five years 2007 - 2011 have just barely been recovered over the last five years (2012-2016).  It's hard to know what might be sustainable. 

The additions at Norrep and Caldwell are nice but very small.  I continue to believe that an activist group will surface fairly soon with some demands for change.
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