Resource Capital Corp. (NYSE:RSO) Updates On Quarterly Dividend


As per Resource Capital Corp. (NYSE:RSO) statement on 2016-06-17, the shareholders would receive dividend for the gone quarter. The company confirmed that it will disburse $0.42 per share as dividend to stakeholders. The record date is set as 2016-06-30, the payout date as 2016-07-28 and the ex-dividend date is 2016-06-28.

Last fiscal Resource Capital Corp. (NYSE:RSO) disbursed cash dividend of $0.42. A year ago, the payout was $0.42, which indicates a difference of -26.875%. The past track record of five years substantiates that the average payout as given by the firm stands at $0.42, implying -10.168% growth.

For the period ended on 2015-12-31, Resource Capital Corp. (NYSE:RSO)’s earnings came at $0.48 per share compared to EPS of $0.44 a year ago. This quarter the firm can post earnings for quarter ending 2016-09-30 on or around 2016-11-01. For this quarter, the analysts have earnings estimate of $0.67 per share.

The interim price target for Resource Capital Corp. (NYSE:RSO) is set at $12.812. This level is the mean price reached by averaging the stock views of 4 analysts. All these are top brokerages of Wall Street and trail the company’s performance regularly. The best price estimate for Resource Capital Corp. (NYSE:RSO) is seen at $14 and the lowest level is established at $11. This broad range highlights a standard deviation of $1.28 in reported estimates.

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