Resource Capital's Series B Preferred Stock Yield Pushes Past 12%
April 26, 2016 at 14:11 PM EDT
In trading on Tuesday, shares of Resource Capital Corp's 8.25% Series B Cumulative Redeemable Preferred Stock (RSO. RB) were yielding above the 12% mark based on its quarterly dividend (annualized to $2.0625), with shares changing hands as low as $17.18 on the day.