Watch stocks you care about
The single, easiest way to keep track of all the stocks that matter...
Your own personalized stock watchlist!
It's a 100% FREE Motley Fool service...
Resource Capital (NYSE: RSO ) has declared a dividend for the current quarter. The company will hand out $0.20 per share of its common stock on April 26 to shareholders of record as of March 28. That amount matches the payout distributed in all four quarters of 2012. Prior to that, the mortgage real estate investment trust dispensed $0.25 per share.
Over the past five years, Resource Capital's dividend has trended downwards. It paid $0.41 in early 2008, which dropped to $0.39 later that year and to $0.30 at the beginning of 2009.
The current dividend annualizes to $0.80 per share. This yields 11.8% at Resource Capital's most recent closing stock price of $6.80.
RSS Headlines
Fool UK
Comments from our Foolish Readers
Help us keep this a respectfully Foolish area! This is a place for our readers to discuss, debate, and learn more about the Foolish investing topic you read about above. Help us keep it clean and safe. If you believe a comment is abusive or otherwise violates our Fool's Rules, please report it via the
Report this Comment icon found on every comment.
Be the first one to comment on this article.