Resource Capital Keeps Dividend Steady

Rich Duprey, The Motley Fool
Updated

Real estate finance company Resource Capitalannounced today its third-quarter dividend of $0.20 per share, the same rate it's paid for the past six quarters.

The board of directors said the quarterly dividend is payable on Oct. 28 to the holders of record at the close of business on Sept. 30. The regular dividend payment equates to an $0.80-per-share annual dividend, yielding 12.7%, based on the closing price today of Resource Capital's stock.

RSO Dividend Chart
RSO Dividend Chart


RSO Dividend data by YCharts

The article Resource Capital Keeps Dividend Steady originally appeared on Fool.com.

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