Resource Capital's Series A Preferred Stock Yield Pushes Past 8.5%
September 27, 2017 at 14:50 PM EDT
In trading on Wednesday, shares of Resource Capital Corp's 8.50% Series A Cumulative Redeemable Preferred Stock (RSO. RA) were yielding above the 8.5% mark based on its quarterly dividend (annualized to $2.125), with shares changing hands as low as $24.26 on the day.