RC-P-E: Ready Capital Corp 6.5% Series E Preferred Stock
Ready Capital Corp's RC-P-E is an exchange-traded preferred stock in the REIT - Diversified sector.
At a recent price of $12.40, RC-P-E yields 13.10% on its $25 liquidation preference and 6.5% coupon.
It trades at a discount of 50.4% to par.
The issue is cumulative, perpetual (no stated maturity), callable on or after 2026-06-30.
Distributions are paid quarterly.
Figures are derived from market data and SEC filings; confirm details in the prospectus before investing.