On 9/29/15, Resource Capital Corp's 8.25% Series B Cumulative Redeemable Preferred Stock (Symbol: RSO.PRB) will trade ex-dividend, for its quarterly dividend of $0.5156, payable on 10/30/15. As a percentage of RSO.PRB's recent share price of $18.77, this dividend works out to approximately 2.75%, so look for shares of RSO.PRB to trade 2.75% lower - all else being equal - when RSO.PRB shares open for trading on 9/29/15. On an annualized basis, the current yield is approximately 10.98%, which compares to an average yield of 8.64% in the "REITs" preferred stock category, according to Preferred Stock Channel . The chart below shows the one year performance of RSO.PRB shares, versus RSO:
Below is a dividend history chart for RSO.PRB, showing historical dividends prior to the most recent $0.5156 on Resource Capital Corp's 8.25% Series B Cumulative Redeemable Preferred Stock :
According to the ETF Finder at ETF Channel, Resource Capital Corp (Symbol: RSO) makes up 1.52% of the Mortgage REIT Income ETF ( MORT ) which is trading relatively unchanged on the day Friday.
In Friday trading, Resource Capital Corp's 8.25% Series B Cumulative Redeemable Preferred Stock (Symbol: RSO.PRB) is currently down about 0.1% on the day, while the common shares (Symbol: RSO) are trading flat.
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