Resource Capital's Series C Preferred Stock Shares Cross 8.5% Yield Mark

In trading on Friday, shares of Resource Capital Corp's 8.625% Fixed-to-Floating Series C Cumulative Redeemable Preferred Stock (RSO. RC) were yielding above the 8.5% mark based on its quarterly dividend (annualized to $2.1562), with shares changing hands as low as $25.33 on the day.