Resource Capital (RSO) Declares $0.42 Quarterly Dividend; 13.2% Yield

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Resource Capital Corp. Declares Quarterly Cash Dividend

June 16, 2016 4:01 PM EDT

NEW YORK, NY -- (Marketwired) -- 06/16/16 -- Resource Capital Corp. (NYSE: RSO) (the "Company") announced today that its Board of Directors has declared a cash dividend of $0.42 per common share for the quarter ending June 30, 2016. The dividend will be paid on July 28, 2016 to holders of record on June 30, 2016.

RSO is a real estate investment trust that is primarily focused on originating, holding and managing commercial mortgage loans and other commercial real estate-related... More