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RC'C

Ready Capital Corp · Series C · REIT - Diversified
Also quoted as: RC-C, RCprC, RC.PRC, RC-PC, RCpC
$12.15
last price

About this security

RC'C is a 6.25% cumulative convertible perpetual preferred stock issued by Ready Capital Corp, a REIT - Diversified issuer. $25 liquidation preference, current yield 12.86%.

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.

Issuer page — all Ready Capital Corp securities & profile →

Key Stats ✓ terms from SEC filing — verify via link below ✓ verified against SEC filing

live page · rendered 13:19:47 UTC · refreshes from the market feed on each visit · last SEC-verified 2026-06-16
Current yield
12.86%
Annual Dividend
$1.5625
Recent Market Price
$12.15
as of 2026-07-31
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. REIT - Diversified category (121 issues): yield 12.86% vs avg 8.16% · discount -51.4% vs avg -14.1%

Quote

 RC'C (preferred)RC (common)
Last $12.15 $1.69
Change
Open$12.13$1.75
High / Low $12.15 / $12.13 $1.77 / $1.69
Prev Close
Volume353956,210
52-Week High / Low $17.23 / $9.62 $4.75 / $1.50

52-week range based on available history. 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% 12.80 12.70%
RCD baby bond 9.000% 23.09 9.74%

News — Ready Capital Corp

Issuer news via Tiingo — filtered to stories about RC.

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