NEW YORK (
) -- The ex-dividend date for
) is tomorrow, September 28, 2011. Owners of shares as of market close today will be eligible for a dividend of 25 cents per share. At a price of $5.75 as of 9:31 a.m. ET, the dividend yield is 17.6%.
The average volume for Resource has been 944,100 shares per day over the past 30 days. Resource has a market cap of $422.1 million and is part of the
industry. Shares are down 22.5% year to date as of the close of trading on Monday.
Resource Capital Corp. operates as a specialty finance company that focuses primarily on commercial real estate and commercial finance in the United States. The company has a P/E ratio of 14.5, equal to the average real estate industry P/E ratio and below the S&P 500 P/E ratio of 17.7.
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TheStreet Ratings rates Resource as a
. The company's strengths can be seen in multiple areas, such as its robust revenue growth, attractive valuation levels and expanding profit margins. However, as a counter to these strengths, we also find weaknesses including deteriorating net income, generally poor debt management and disappointing return on equity. You can view the full