Resource Capital Corp's Fixed-to-Floating Series C Cumulative Redeemable Preferred Stock Crosses Above 9.5% Yield Territory

In trading on Monday, shares of Resource Capital Corp's 8.625% Fixed-to-Floating Series C Cumulative Redeemable Preferred Stock (RSO. RC) were yielding above the 9.5% mark based on its quarterly dividend (annualized to $2.1562), with shares changing hands as low as $22.43 on the day.