Resource Capital Corp. Declares Quarterly Cash Dividend for Series C Preferred Stock
March 20 2018 - 4:33PM
Resource Capital Corp. (NYSE:RSO) (the “Company”) announced
today that it will pay a cash dividend on its 8.625%
Fixed-to-Floating Series C Cumulative Redeemable Preferred Stock
for the period from January 31, 2018 through and
including April 30, 2018 in the amount
of $0.539063 per share. The dividend will be
payable on April 30, 2018 to holders of record
on April 2, 2018.
About Resource Capital
Corp.
Resource Capital Corp. is a real estate
investment trust that is primarily focused on originating, holding
and managing commercial mortgage loans and other commercial real
estate-related debt investments. The Company is externally managed
by Resource Capital Manager, Inc., an indirect wholly-owned
subsidiary of C-III Capital Partners LLC, a leading commercial
real estate investment management and services company engaged in a
broad range of activities.
Forward-Looking Statements
This press release contains certain
forward-looking statements within the meaning of Section 27A of the
Securities Act of 1933, as amended, and Section 21E of the
Securities Exchange Act of 1934, as amended. Such forward-looking
statements can generally be identified by our use of
forward-looking terminology such as “may,” “trend,” “will,”
“continue,” “expect,” “intend,” “anticipate,” “estimate,”
“believe,” “look forward” or other similar words or terms. Because
such statements include risks, uncertainties and contingencies,
actual results may differ materially from the expectations,
intentions, beliefs, plans or predictions of the future expressed
or implied by such forward-looking statements. Factors that can
affect future results are discussed in the documents filed
by the Company from time to time with the Securities
and Exchange Commission. The Company undertakes no
obligation to update or revise any forward-looking statement to
reflect new or changing information or events after the date hereof
or to reflect the occurrence of unanticipated events, except as may
be required by law.
For more information, please visit the Company’s
website
at www.resourcecapitalcorp.com or
contact investor relations
at IR@resourcecapitalcorp.com.
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