Preferred StocksAI-powered preferred stock research for income investors

← Back

RC'C

Ready Capital Corp · Series C · REITs
Also quoted as: RC-C, RCprC, RC.PRC, RC-PC, RCpC
$12.26
last price · 2026-09-14

About this security

RC'C is a 6.25% cumulative convertible perpetual preferred stock issued by Ready Capital Corp, grouped under REITs. $25 liquidation preference, current yield 12.74%.

Ready Capital Corp: Ready Capital Corporation (RC) is a multi-strategy real estate finance company that originates, acquires, finances, and services a range of commercial real estate loans, including lower-middle-market (LMM), SBA, construction, and USDA loans. Its loans generally reach up to $40 million in original principal and are used by businesses purchasing owner-occupied real estate or by investors acquiring multifamily, office, retail, mixed-use, or warehouse properties. The company also invests to a lesser extent in mortgage-backed securities collateralized primarily by LMM loans and other real estate-related assets. Following the disposition of its Residential Mortgage Banking segment in mid-2025, Ready Capital operates as a focused commercial real estate lender structured as a REIT. Company website

All Ready Capital Corp securities and the issuer profile →

Key Stats ✓ Verified against SEC filing (prospectus linked below)

live page · rendered 18:56:11 UTC · refreshes from the market feed on each visit · last SEC-verified 2026-06-16
Current yield
12.74%
Annual Dividend
$1.5625
Recent Market Price
$12.26
as of 2026-09-14
Disc/Prem to Par (→ screen)
Capital Appreciation to Par
n/a (converts to common)
Recent Ex-Date
2026-06-30
Pay Frequency
quarterly
Cumulative
Yes
Original Coupon
6.250%
Call Date
Yield to Call
n/a (not callable)
Yield to Worst
n/a (convertible preferred)
Liq. Preference
$25.00
Maturity
Perpetual
Redeemable
No
Convertible
Yes
Conversion Price
$23.80
Conversion Ratio
1.0505
Issued
2021-03-19
Series
C
Alt. Symbology
RC-C, RCprC, RC.PRC, RC-PC, RCpC

vs. REITs (132 issues with a current yield): yield 12.74% vs avg 8.43% · discount -51.0% vs avg -15.5%

Quote

 RC'C (preferred)RC (common)
As of 2026-09-14 2026-09-14
Last $12.26 $1.63
Change +0.00 (+0.00%) -0.01 (-0.61%)
Open$12.26$1.63
High / Low $12.26 / $12.26 $1.69 / $1.60
Prev Close$12.26$1.64
Volume6221,493,520
52-Week High / Low $17.23 / $9.62 $4.46 / $1.39

End-of-day closes, dated in the first row. A quote 3 or more trading sessions old is flagged stale, and a stale common quote is withheld. Change and Prev Close compare with the previous session's close. 52-week range based on available history, adjusted for splits. Shares outstanding / market cap require a fundamentals feed (not in current data plan).

Price

RC'C RC (common)

Dividend History

Ex-DateAmount / Share
2026-06-30$0.390625
2026-03-31$0.390625
2025-12-31$0.390625
2025-09-30$0.390625
2025-06-30$0.390625
2025-03-31$0.390625
2024-12-31$0.390625
2024-09-30$0.390625
2024-06-28$0.390625
2024-03-27$0.390625
2023-12-28$0.390625
2023-09-28$0.390625

Performance: $10K Calculator

See what an investment in RC'C would be worth today, dividends reinvested.

Dividends reinvested (DRIP) at the close on each ex-date. Full performance page →

Get dividend & filing alerts for RC'C →

Prospectus (SEC 424B5)

Full Prospectus (SEC filing) →

Other Securities from Ready Capital Corp

SymbolTypeCouponPriceYield
RC'E preferred 6.500% 12.50 13.00%
RCD baby bond 9.000% 23.13 9.73%

News: Ready Capital Corp

Issuer news via Tiingo, filtered to stories about RC.

Loading…

★ Save your favorites

No password needed; just your email. We'll remember the preferreds you star so they're waiting when you come back. Next time, enter the same email to pull up your whole list anywhere.

Ask the data
Preferred Stock Assistant
Ask me anything, e.g. "highest-yield monthly REIT preferred under par" or "what if I'd put $10k in SACH-P-A in 2022?"
Theme Original Apex Nova Aurora Lumen Brutalist