trending Market Intelligence /marketintelligence/en/news-insights/trending/oBZQU1GREhPuBmTiiQbzOw2 content esgSubNav
In This List

Owens Realty Mortgage declares final dividend before Ready Capital merger

Blog

Banking Essentials Newsletter: July Edition - Part 2

Blog

Anticipate the Unknown Go Beyond Fundamentals to Uncover Early Signs of Private Company Credit Deterioration

Blog

Taking Loss Given Default Estimation to the Next Level: An Aspiration for All Creditors, Not Just Banks

Blog

Anticipate the Unknown A Fundamentals Approach to Detect Early Signs of Private Company Credit Deterioration


Owens Realty Mortgage declares final dividend before Ready Capital merger

Walnut Creek, Calif.-based Owens Realty Mortgage Inc.'s board declared a dividend of 24 cents per common share before the expected close of its merger with Ready Capital Corp.

The dividend consists of Owens Realty's regular quarterly dividend of 20 cents per share plus the quotient of $4.5 million minus the transaction expenses incurred by the company between Oct. 1, 2018, and the closing date, divided by the number of shares outstanding as of the dividend's March 25 record date.

The dividend will be paid on March 28.