Resource Capital Corp. Declares Quarterly Cash Dividend
June 18 2014 - 09:00AM
Marketwired
Resource Capital Corp. Declares Quarterly Cash Dividend
NEW YORK, NY--(Marketwired - Jun 18, 2014) - Resource Capital
Corp. (NYSE: RSO) (the "Company") announced today that its Board of
Directors has declared a cash dividend of $0.20 per common share
for the quarter ending June 30, 2014. The dividend will be paid on
July 28, 2014 to holders of record on June 30, 2014.
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 debt and equity investments.
The Company also makes other commercial finance investments. The
Company is externally managed by Resource Capital Manager, Inc., an
indirect wholly-owned subsidiary of Resource America, Inc. (NASDAQ:
REXI), an asset management company that specializes in real estate
and credit investments.
For more information, please visit the Company's website at
www.resourcecapitalcorp.com or contact investor relations at
pkamdar@resourceamerica.com.
This press release includes statements that may constitute
forward-looking statements within the meaning of the Private
Securities Litigation Reform Act of 1995. Such forward-looking
statements are subject to a variety of known and unknown risks,
uncertainties, and other factors that are difficult to predict and
many of which are beyond management's control. Factors that can
affect future results are discussed in the documents filed by
Resource Capital Corp. from time to time with the Securities and
Exchange Commission. Resource Capital Corp. undertakes no
obligation to update or revise any forward-looking statement to
reflect new or changing information or events.
Contact: Resource Capital Corp. www.resourcecapitalcorp.com
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