NEW YORK ( TheStreet) -- The ex-dividend date for Resource Capital Corporation (NYSE: RSO) is tomorrow, June 27, 2012. Owners of shares as of market close today will be eligible for a dividend of 20 cents per share. At a price of $5.50 as of 9:30 a.m. ET, the dividend yield is 14.5%. The average volume for Resource has been 681,300 shares per day over the past 30 days. Resource has a market cap of $468.6 million and is part of the financial sector and real estate industry. Shares are down 2% 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 11.1, equal to the average real estate industry P/E ratio and below the S&P 500 P/E ratio of 17.7.
TheStreet Ratings rates Resource as a hold. The company's strengths can be seen in multiple areas, such as its revenue growth, attractive valuation levels and expanding profit margins. However, as a counter to these strengths, we also find weaknesses including generally poor debt management, weak operating cash flow and a generally disappointing performance in the stock itself. You can view the full Resource Ratings Report. See our dividend calendar or top-yielding stocks list.