Looking at the universe of stocks we cover at Dividend Channel, on 9/26/13, Resource Capital Corp (RSO) will trade ex-dividend, for its quarterly dividend of $0.20, payable on 10/28/13. As a percentage of RSO's recent stock price of $6.26, this dividend works out to approximately 3.19%, so look for shares of Resource Capital Corp to trade 3.19% lower — all else being equal — when RSO shares open for trading on 9/26/13.
Below is a dividend history chart for RSO, showing historical dividends prior to the most recent $0.20 declared by Resource Capital Corp:
In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from RSO is likely to continue, and whether the current estimated yield of 12.78% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of RSO shares, versus its 200 day moving average:Looking at the chart above, RSO's low point in its 52 week range is $5.21 per share, with $6.96 as the 52 week high point — that compares with a last trade of $6.26.
According to the ETF Finder at ETF Channel, RSO makes up 1.80% of the Mortgage REIT Income ETF (MORT) which is trading up by about 0.1% on the day Wednesday. According to Preferred Stock Channel, there is are 2 series of preferred stock that are senior to RSO — find out what they are ». In Wednesday trading, Resource Capital Corp shares are currently down about 0.2% on the day.