NEW YORK ( TheStreet) -- The ex-dividend date for Resource Capital Corporation (NYSE: RSO) is tomorrow, March 29, 2011. Owners of shares as of market close today will be eligible for a dividend of 25 cents per share. At a price of $6.95 as of 9:30 a.m. ET, the dividend yield is 14%. The average volume for Resource has been 701,500 shares per day over the past 30 days. Resource has a market cap of $442.3 million and is part of the financial sector and real estate industry. Shares are down 6.4% year to date as of the close of trading on Friday. 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 17.4, equal to the average real estate industry P/E ratio and above the S&P 500 P/E ratio of 16.2.
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