Resource Capital Corporation (RSO)

[dav1234]

Yup..been through a bunch of offerings on several tickers..as long as minimal discount on pricing..they tend to bounce back quickly.. Assuming market and sector are stable

[johnsyn]

price is now 7 cents under the offer price, slide should be done. Efforts will be done to bring it back to make those $6.33 shares a bargain.

[dav1234]

Lol..it will increase mgmt company compensation since more funds under mgmt..but hopefully they put the money to productive use and increase earnings..it was an appropriate time to raise near highs..less dilutive effect

[johnsyn]

I agree, only thing I'm not keen on is the purpose of it. Could be just so they can pay bonuses.

[dav1234]

I agree..these tend to snap back relatively quickly..more cash..more high yield investing..more divis

[wer123]

It appears as the market has discounted share price as a result of this "dilution". I don't see it that way. In this time of free commercial credit, share has only one direction, up.IMO

[johnsyn]

4:42 PM Resource Capital (RSO) slides after announcing a public offering of 16.25M common shares, the proceeds from which will be used for general corporate purposes.

[wer123]

You may get the chance. I'm holding pat.

[str8_chuter]

I will replenish below 6.

[johnsyn]

could be. RSO was one that held out the longest before in the QE mess. But if they diversified enough, may not be necessary. Very good to be cautious, though. But don't expect it to go below 10% on divie yield if it does.

[wer123]

It got heavy around 6.90 and made a .35 correction for a nice little flip. I see the same opportunity after X date. As for lightening up, I think we are way good on the yield alone.

[str8_chuter]

Yup, RSO has been good to me for a few years now.

But I had to lighten up a bit recently. Price has gotten a little ahead of itself, no? Also, isn't it about time for a secondary, given the stock is about 20% above BV?

[johnsyn]

3:27 PM Resource Capital Corp (RSO) declares $0.20/share quarterly dividend, in line with previous. Forward yield 11.71%. For shareholders of record Mar. 28. Payable Apr. 26. Ex-div date Mar. 26

[johnsyn]

2:38 PM Resource Capital (RSO) declares $0.20/share quarterly dividend, in line with previous. Forward yield 13.66%. For shareholders of record Dec. 31. Payable Jan. 28. Ex-div date Dec. 27

[johnsyn]

It definitely keeps on chugging, that's for sure. Pretty much all the mREITs cutting divies with the QE3, but it doesn't seem to bother investors. With the market gains as of late, the jitters about the other shoe falling has to be on their minds, plus forget savings accounts. Get zip for those and then have to give that little scrap up as so-called income at end of year.

[dav1234]

Yup..its had a nice move lately..near 52 week high ..will break it soon Enough I think

[johnsyn]

doesn't look promising today.

[dav1234]

very nice,lets see a bigger pop into next ex-divi

one more day,lol

[johnsyn]

http://seekingalpha.com/article/883481-12-8-dividend-payer-resource-capital-corp-has-a-good-strategy-for-current-fed-policy?

[johnsyn]

Resource Capital Corp. Declares Quarterly Cash Dividend

Today : Monday 17 September 2012


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 September 30, 2012. The dividend will be paid on October 26, 2012 to holders of record on September 28, 2012.

Resource Capital Corp. is a commercial real estate specialty finance company that qualifies as a real estate investment trust, or REIT, for federal income tax purposes. Resource Capital Corp.'s investment strategy focuses on commercial real estate-related assets and, to a lesser extent, higher-yielding commercial finance assets. The Company invests in the following asset classes: commercial real estate-related assets such as commercial real estate property, whole loans, A-notes, B-notes, mezzanine loans and commercial mortgage-related securities and investments in real estate joint ventures as well as commercial finance assets such as bank loans, lease receivables, other asset backed securities, trust preferred securities, and debt tranches of collateralized debt obligations, structured note investments and private equity investments principally issued by financial institutions.

RSO is externally managed by Resource Capital Manager, Inc., an indirect wholly owned subsidiary of Resource America, Inc. (NASDAQ: REXI), a specialized asset management company that uses industry specific expertise to generate and administer investment opportunities for its own account and for outside investors in the real estate, commercial finance and financial fund management sectors.

For more information, please visit the Resource Capital Corp. website at www.resourcecapitalcorp.com or contact investor relations at [e-mail].

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

Email Contact

[wer123]

Yield is fine. Remember 1.80.

[big-yank]

Agree totally about the scare tactics to ignore. I quit reading Seeking Alpha, other than for giggles, and I now sleep better and enjoy better returns. I do not own oil trusts, but I am very long on Cheniere Partners in nat gas which pays a very solid divvy.

Thanks for your reply. Good luck.

[johnsyn]

good for you. I think I have about 6 different ones. Ignore everyone/everything that tries to scare investors off. A lot more stable than oil trusts, though I have those too.

[big-yank]

These dips occur with virtually every rights offering from every mReit and the retail sheep flee, fearing the dilution boogie man, creating another buying opportunity for me.

I wish amateurs would quit buying mReits with no understanding of how they work or pay off. I watched a bunch of them get decimated because of GAAP accounting reconciliations that mean nothing regarding forward dividends or book value. Then they inevitably bounce back and go higher as the asset value enhances book value.

I have a mid six-figure portfolio of around a dozen mReits and I am up over 23% YTD against an S&P rise of 11.85% and I did just as well last year, playing the same game the same way with just minor adjustments.

[johnsyn]

I think they'll have to adjust, LOL. Why buy at $5.90?
Resource Capital Corp. Prices Common Stock Follow-On Offering
Date : 09/07/2012 @ 9:29AM
Source : MarketWire
Stock : Resource Capital Corp. Resource Capital Corp. (RSO)
Quote : 5.86 -0.24 (-3.93%) @ 9:41AM

Resource Capital Corp. Prices Common Stock Follow-On Offering
Print
Alert
Resource Capital (NYSE:RSO)
Intraday Stock Chart

Today : Friday 7 September 2012
Click Here for more Resource Capital Charts.

Resource Capital Corp. (NYSE: RSO) (the "Company") announced today that it has successfully priced its public offering of 8,500,000 shares of common stock at a public offering price per share of $5.90. The Company has also granted the underwriters a 30-day option to purchase up to an additional 1,275,000 shares of its common stock on the same terms and conditions, solely to cover over-allotments, if any. Deutsche Bank Securities is the sole book-runner and JMP Securities is the lead manager for the offering. The Company intends to use the net proceeds from the offering for general corporate purposes.

This press release shall not constitute an offer to sell or the solicitation of an offer to buy any securities nor will there be any sale of these securities in any state or other jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or other jurisdiction.

The offering will be made pursuant to the Company's existing effective shelf registration statement, previously filed with the Securities and Exchange Commission. The offering of these securities will be made only by means of a prospectus and related prospectus supplement. When available, copies of the prospectus and accompanying preliminary prospectus supplement relating to these securities may be obtained by contacting Deutsche Bank Securities Inc., Attn: Prospectus Group, 60 Wall Street, New York, NY 10005-2836; Email: [e-mail]; Telephone: [phone].

[wer123]

Apparently the aftermarket activity doesn't like the news.

[wer123]

News. New offering. Is this something different than OS? Does this go directly to the float of commons shares? Can the additional shares affect the dividend down the road and how? Someone please explain.

[theabbevillekid]

Annual dividend / 4 quarters = quarterly dividend

.80 / 4 = .20 cents per share per quarter.

The announcement of the dividend with a time period attached, is the company stating to its shareholders, "Hey, you can rely on the dividend being this much, for this long."

Abbeville

[wer123]

Generally. when a dividend is published it is the annual number.

[me707]

sorry new to div stock is the .80 cent a share per quarter. or explain please

[wer123]

Bullish news here.http://seekingalpha.com/article/810761-resource-capital-corporation-a-15-dividend-that-may-increase

[johnsyn]

http://seekingalpha.com/article/769801-resource-capital-corporation-s-ceo-discusses-q2-2012-results-earnings-call-transcript?source=email_rt_article_title&ifp=0

[johnsyn]

Resource Capital Corp. to Report Operating Results for Second Quarter Ended June 30, 2012
Resource Capital (NYSE:RSO)
Today : Thursday 12 July 2012
Resource Capital Corp. (NYSE:RSO) (the "Company") announced today that it will release its second quarter 2012 operating results on Tuesday, July 31, 2012, after market hours, and invites investors and other interested parties to listen to the live webcast of its conference call on Wednesday, August 01, 2012, at 8:30 a.m. Eastern Time.
This call will be webcast live and can be accessed by investors and other interested parties from the home page of the Company's website at http://www.resourcecapitalcorp.com. For those unable to listen to the live broadcast, the replay of the webcast will be available following the live call on the Company's website and telephonically beginning at 11:00 a.m. E.T. on August 01, 2012 until midnight on September 01, 2012 by dialing 888-286-8010, passcode 49647538

[johnsyn]

2:48 PM Looking for a sector in the green today? Nearly all of the largest mREITs (over $1B market cap) are up. The yield curve isn't super-steep and federal government mortgage refinance efforts may pose repayment risk to holders of MBS, but the date of a potential Fed rate hike keeps getting pushed off - the carry trade lives.

[johnsyn]

..Resource Capital Corp. Declares Quarterly Cash Dividend for Preferred Shares

......NEW YORK, NY--(Marketwire -06/26/12)- Resource Capital Corp. (RSO) (the "Company") announced today that that it will pay a pro-rated cash dividend on its 8.50% Series A Cumulative Redeemable Preferred Stock for the period from June 15, 2012 through and including July 30, 2012 in the amount of $0.27153 per share. The dividend will be payable on July 30, 2012 to holders of record on July 16, 2012.

Resource Capital Corp. is a commercial real estate specialty finance company that qualifies as a real estate investment trust, or REIT, for federal income tax purposes. Resource Capital Corp.'s investment strategy focuses on commercial real estate-related assets and, to a lesser extent, higher-yielding commercial finance assets. The Company invests in the following asset classes: commercial real estate-related assets such as whole loans, A-notes, B-notes, mezzanine loans and commercial mortgage-related securities and investments in real estate joint ventures as well as commercial finance assets such as bank loans, lease receivables, other asset backed securities, trust preferred securities, and debt tranches of collateralized debt obligations, structured note investments and private equity investments principally issued by financial institutions.

RSO is externally managed by Resource Capital Manager, Inc., an indirect wholly owned subsidiary of Resource America, Inc. (REXI), a specialized asset management company that uses industry specific expertise to generate and administer investment opportunities for its own account and for outside investors in the real estate, commercial finance and financial fund management sectors.

For more information, please visit the Resource Capital Corp. website at www.resourcecapitalcorp.com or contact investor relations at [e-mail].

[dav1234]

divi now .20 quarterly ...was .25

[me707]

how much was the divie

[johnsyn]

http://seekingalpha.com/article/551731-resource-capital-corporation-s-ceo-discusses-q1-2012-earnings-call-transcript

[johnsyn]

looks good to me, bounce coming...

[dav1234]

earnings today...•Adjusted Funds from Operations ("AFFO") of $0.23 per share-diluted.
•Common stock cash dividend of $0.20 per share.
•Book value per share improved to $5.46 at March 31, 2012 from $5.38 at December 31, 2011.
•GAAP net income of $0.18 per share-diluted.
•Total revenues increased by $4.7 million, or 23% as compared to the three months ended March 31, 2011.
•Provisions for loan losses decreased by 16% as compared to the three months ended March 31, 2011 and decreased 64% as compared to the three months ended December 31, 2011.
•Cash on hand of $173.8 million at March 31, 2012, a decrease of $12.1 million from $185.9 million at December 31, 2011.

Resource Capital Corp. (NYSE: RSO) ("RSO" or the "Company"), a real estate investment trust, or REIT, whose investment strategy focuses on commercial real estate ("CRE") assets, commercial mortgage-backed securities ("CMBS"), commercial finance assets and other investments, reported results for the three months ended March 31, 2012.
•AFFO for the three months ended March 31, 2012 was $18.6 million, or $0.23 per share-diluted. A reconciliation of GAAP net income to AFFO is set forth in Schedule I of this release.
•GAAP net income for the three months ended March 31, 2012 was $14.5 million, or $0.18 per share-diluted as compared to $13.1 million, or $0.22 for the three months ended March 31, 2011.

Jonathan Cohen, CEO and President of Resource Capital Corp., commented, "During the first quarter, we closed $15.1 million of new real estate whole loans and committed to over $73.0 million of additional loans scheduled to close in the second quarter. Our commercial real estate loan pipeline remains strong, and we are committed to continuing and accelerating our lending activities going forward. Our core businesses performed well and we had $0.23 of AFFO and paid a $0.20 cash dividend while building book value through a balance sheet that includes assets we believe have appreciation prospects."

[johnsyn]

shouldn't be, (another soon) RSO was a strong holdout on dropping this time around. Divie payout last night was great, but keep in mind, as the pps goes up, that percentage of course will counter the pps and become less attractive. Let's hope the economy picks up a little, so the divie goes back up.

[KnightoftheRabbits]

Let's hope for a strong 1st quarter!!!! We need this stock back in the upper 5's!! Let's get some assurances that there won't be a divi drop again for a LONG time.

[johnsyn]

Resource Capital Corp. to Report Operating Results for First Quarter 2012
Fri April 20, 2012 3:30 PM | about: RSO NEWS PROVIDED BY:
Business Wire
NEW YORK--(BUSINESS WIRE)-- Resource Capital Corp. (NYSE:RSO) (the "Company") announced today that it will release its first quarter 2012 operating results on Tuesday, May 01, 2012, after market hours, and invites investors and other interested parties to listen to the live webcast of its conference call on Wednesday, May 02, 2012, at 8:30 a.m. Eastern Time.

This call will be webcast live and can be accessed by investors and other interested parties from the home page of the Company's website at http://www.resourcecapitalcorp.com. For those unable to listen to the live broadcast, the replay of the webcast will be available following the live call on the Company's website and telephonically beginning at 11:00 a.m. E.T. on May 02, 2012 until midnight on June 02, 2012 by dialing 888-286-8010, passcode 71140502.

About Resource Capital Corp.

Resource Capital Corp. is a commercial real estate specialty finance company that qualifies as a real estate investment trust, or REIT, for federal income tax purposes. Resource Capital Corp.'s investment strategy focuses on commercial real estate-related assets and, to a lesser extent, higher-yielding commercial finance assets. The Company invests in the following asset classes: commercial real estate-related assets such as whole loans, A-notes, B-notes, mezzanine loans and commercial mortgage-related securities and investments in real estate joint ventures as well as commercial finance assets such as bank loans, lease receivables, other asset backed securities, trust preferred securities, and debt tranches of collateralized debt obligations, structured note investments and private equity investments principally issued by financial institutions.

Resource Capital Corp. is externally managed by Resource Capital (RSO) Manager, Inc., an indirect wholly owned subsidiary of Resource America, Inc. (NASDAQ: REXI), a specialized asset management company that uses industry specific expertise to generate and administer investment opportunities for its own account and for outside investors in the real estate, commercial finance and financial fund management sectors.

For more information, please visit the Company's website at www.resourcecapitalcorp.com or contact investor relations at [e-mail].




Resource Capital Corp.
Investor Relations, 212-506-3893
[e-mail]
http://www.resourcecapitalcorp.com

Source: Resource Capital Corp.

Copyright Business Wire 2012

[dav1234]

5.14, 5.06 low at open

[dav1234]

5.25 adding a few here

[dav1234]

Same to u,cheers

[johnsyn]

Happy Paddie Day, See you Monday

[dav1234]

Yeah,long week ,lol,i think we get stronger from here,people will think .20 divi is more sustainable and comparable to earnings so will be more likely to pay up for a still healthy double digit divi

[johnsyn]

LOL. Are we thinking alike here, with the OOPS?

[johnsyn]

You saw my post too quick, went back to chart, thought it was $4.92 or something, says $5.74. Think I'm losing it. I did re-edit to $6.