Ready Capital Corporation (NYSE:RC) is included among the 10 Best Dividend Stocks Under $10 to Invest in.
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Ready Capital Corporation operates as a multi-strategy real estate finance company, focusing on originating, acquiring, financing, and servicing small- to medium-sized balance commercial loans.
On October 14, UBS revised its outlook on Ready Capital Corporation, reducing the firm’s price target from $4 to $3.50 while maintaining a Neutral rating on the stock.
In the second quarter of 2025, Ready Capital Corporation reported a strong cash position, holding $163 million in cash and cash equivalents, compared with $143.8 million at the end of December 2024. Total assets stood at over $9.3 billion. The management stated that its continued and focused liquidation strategy for underperforming assets aims to generate liquidity that can be reinvested in its Core multifamily bridge portfolio.
Ready Capital Corporation currently offers a quarterly dividend of $0.125 per share and has a dividend yield of 15.72%, as of October 28.
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