Ready Capital: The Good, The Bad, And The Preferreds

Ready Capital Corporation ( RC ) is trading at a deep discount to book value per share while offering a non-covered double-digit dividend yield to its common shareholders. The dividend is likely to be reduced in the near-term, with the mREIT highlighting duringThe equity market is a powerful mechanism as daily fluctuations in price get aggregated to incredible wealth creation or destruction over the long term. Pacifica Yield aims to pursue long-term wealth creation with a focus on undervalued yet high-growt ...