On 12/30/15, Resource Capital Corp's 8.25% Series B Cumulative Redeemable Preferred Stock (RSO.PRB) will trade ex-dividend, for its quarterly dividend of $0.5156, payable on 2/1/16. As a percentage of RSO.PRB's recent share price of $17.20, this dividend works out to approximately 3.00%, so look for shares of RSO.PRB to trade 3.00% lower — all else being equal — when RSO.PRB shares open for trading on 12/30/15. On an annualized basis, the current yield is approximately 11.68%, which compares to an average yield of 8.56% in the "REITs" preferred stock category, according to Preferred Stock Channel.As of last close, RSO.PRB was trading at a 29.36% discount to its liquidation preference amount. The chart below shows the one year performance of RSO.PRB shares, versus RSO: Below is a dividend history chart for RSO.PRB, showing historical dividends prior to the most recent $0.5156 on Resource Capital Corp's 8.25% Series B Cumulative Redeemable Preferred Stock : According to the ETF Finder at ETF Channel, Resource Capital Corp ( RSO) makes up 1.49% of the Mortgage REIT Income ETF (MORT) which is trading relatively unchanged on the day Monday. In Monday trading, Resource Capital Corp's 8.25% Series B Cumulative Redeemable Preferred Stock ( RSO.PRB) is currently down about 2.6% on the day, while the common shares ( RSO) are trading flat.
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