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Resource Capital's Dividend Dilemma PDF Print E-mail
Wednesday, 04 November 2009 08:57
Patrick Harden submits:

Resource Capital (RSO) is one of the few specialty finance REITs that has been able to maintain a significant cash dividend throughout the credit crisis, most recently sporting a $0.30/share quarterly cash dividend. At a stock price of about $5.00, that's an amazing 24% yield.

More compellingly, Resource Capital has been able to maintain this high yield for over a year, since the stock price first dipped below $5.00 in September 2008. At one point during the lows of March 2009, RSO was paying a quarterly dividend of $0.30/share against a share price of $1.43 - a yield of nearly 84%!


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