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How to Buy Ready Capital Stock [2024] | Invest in RC

How to Buy Ready Capital Stock [2024] | Invest in RC
Bogdan Stojkov

Summary: Ready Capital (NYSE: RC) is a mortgage real estate investment trust (REIT) that offers a straightforward way to enter the real estate market. The most convenient way to buy Ready Capital stock is through a reputable brokerage platform like eToro.

Highly Rated Stock Trading & Investing Platform

  • Invest in 2,800+ stocks and other assets including 70+ cryptocurrencies and commodities.

  • 0% commission on buying stocks - buy in bulk or just a fraction from as little as $10. Other fees apply. For more information, visit etoro.com/trading/fees.

  • Copy top-performing traders in real time, automatically.

  • eToro USA is registered with FINRA for securities trading.

30+ million Users
Securities trading offered by eToro USA Securities, Inc. (“the BD”), member of FINRA and SIPC. Cryptocurrency offered by eToro USA LLC (“the MSB”) (NMLS: 1769299) and is not FDIC or SIPC insured. Investing involves risk, and content is provided for educational purposes only, does not imply a recommendation, and is not a guarantee of future performance. Finbold.com is not an affiliate and may be compensated if you access certain products or services offered by the MSB and/or the BD

About Ready Capital

Ready Capital homepage. Source: readycapital.com

Ready Capital is a real estate investment trust (REIT) that focuses on real estate finance, investing in and managing a diversified portfolio of commercial real estate loans, mortgage-backed securities, and other real estate-related assets. The company provides financing solutions to small and medium-sized businesses across various industries.

As a REIT, Ready Capital is required to distribute at least 90% of its taxable income to shareholders in the form of dividends. This feature makes investing in REITs like Ready Capital an attractive option for those seeking regular income and potential capital appreciation.

For more information about mortgage REITs such as Ready Capital, feel free to check out our comprehensive Top 5 Mortgage REITs guide.

How to buy Ready Capital stock: Step-by-step

If you wish to buy Ready Capital stock, you can follow these simple steps:

Step 1: Choose the right broker

The first step in buying Ready Capital stock is to choose a reliable brokerage platform. A brokerage acts as an intermediary between you and the stock market, allowing you to buy and sell stocks. That said, our go-to broker is eToro, a widely popular platform that offers a host of solid investing features, such as:

  • Commission-free stock trading;
  • Access to over 2,000 stocks from 17 different exchanges;
  • The option to purchase fractional shares;
  • Charting tools;
  • A user-friendly platform that simplifies the trading experience.

Highly Rated Stock Trading & Investing Platform

  • Invest in 2,800+ stocks and other assets including 70+ cryptocurrencies and commodities.

  • 0% commission on buying stocks - buy in bulk or just a fraction from as little as $10. Other fees apply. For more information, visit etoro.com/trading/fees.

  • Copy top-performing traders in real time, automatically.

  • eToro USA is registered with FINRA for securities trading.

30+ million Users
Securities trading offered by eToro USA Securities, Inc. (“the BD”), member of FINRA and SIPC. Cryptocurrency offered by eToro USA LLC (“the MSB”) (NMLS: 1769299) and is not FDIC or SIPC insured. Investing involves risk, and content is provided for educational purposes only, does not imply a recommendation, and is not a guarantee of future performance. Finbold.com is not an affiliate and may be compensated if you access certain products or services offered by the MSB and/or the BD

Step 2: Fund your account

Once you select a broker, you’ll need to fund your trading account. This typically involves linking your bank account to your brokerage account and transferring funds. Luckily, most brokers offer multiple funding options, including bank transfers, wire transfers, and even electronic transfers from other financial institutions.

Ensure that you have sufficient funds in your brokerage account to cover the cost of purchasing Ready Capital stock. Also, some brokers may have minimum deposit requirements, so be aware of these before initiating the transfer.

Step 3: Place your order

With your account funded, you’ll be ready to place your order for Ready Capital stock. To do so, you can follow these general steps:

  • Log in to your brokerage account;
  • Locate the trading platform or order entry page;
  • Search for Ready Capital (ticker symbol: RC) in the stock search bar;
  • Select the number of shares you want to purchase;
  • Choose the type of order (e.g., market order, limit order);
  • Review and confirm your order.

Ready Capital stock price today

Pros and cons of buying Ready Capital stock

Before making any investment, it’s crucial to weigh the advantages and disadvantages. So, let’s explore the pros and cons of buying Ready Capital stock.

Pros

Pros

  • Stable dividend income: Ready Capital, like other REITs, is known for distributing regular dividends to shareholders, providing a steady income stream;
  • Diversification: Investing in Ready Capital allows you to diversify your portfolio by gaining exposure to the commercial real estate market without the need to directly manage properties;
  • Professional management: Ready Capital’s experienced management team is responsible for making investment decisions, potentially reducing the time and effort required on your part.
Cons

Cons

  • Interest rate sensitivity: REITs are often sensitive to changes in interest rates. When interest rates rise, the value of existing bonds and fixed-rate loans in Ready Capital’s portfolio may decline;
  • Market risk: Like all stocks, Ready Capital’s stock price is subject to market fluctuations. Economic downturns and market uncertainties can impact the performance of the stock;
  • Tax implications: While REITs offer attractive dividends, these dividends may be taxed at your ordinary income tax rate, which could be higher than the tax rate on qualified dividends from traditional stocks.

For additional investment options in the mortgage REITs sector, you can check out our other guides, such as:

Common mistakes to avoid when investing in REITs

As with any investment, there are common mistakes that investors should be cautious of when considering Ready Capital or any other REIT. Therefore, be sure to avoid these pitfalls to enhance your investment strategy:

  • Neglecting due diligence: Failing to research and understand Ready Capital’s business model, financial health, and the overall real estate market can lead to uninformed investment decisions;
  • Overlooking fees and expenses: Be aware of the fees associated with buying, holding, and selling Ready Capital stock. High fees can erode your returns over time;
  • Ignoring risk factors: Every investment carries some level of risk. Ignoring the specific risks associated with REITs, such as interest rate risk and market volatility, can lead to unexpected losses;
  • Chasing high yields: While high dividend yields can be appealing, it’s essential to consider the sustainability of those yields. A consistently high yield may indicate increased risk.

Disclaimer: The content on this site should not be considered investment advice. Investing is speculative. When investing, your capital is at risk.

FAQs about how to buy Ready Capital stock

What is the minimum investment required to buy Ready Capital stock?

The minimum investment depends on the brokerage platform you choose. Some brokers may have no minimum requirements, while others may have specific account funding thresholds.

Can I buy Ready Capital stock through a traditional brokerage account?

Yes, you can purchase Ready Capital stock through most traditional brokerage accounts that support stock trading.

What is the symbol of Ready Capital?

The ticker symbol for Ready Capital Corporation is RC. When searching for Ready Capital stock on a brokerage platform or financial news website, use this symbol to find relevant information about the company’s stock performance and related news.

How often does Ready Capital pay dividends?

Ready Capital typically pays dividends quarterly. However, dividend payments may vary, so it’s essential to check the company’s dividend schedule for the most up-to-date information.

Are dividends from Ready Capital taxable?

Yes, dividends from Ready Capital are generally taxable. However, the tax treatment may vary based on your individual tax situation. So, consult with a tax professional for personalized advice.

Highly Rated Stock Trading & Investing Platform

  • Invest in 2,800+ stocks and other assets including 70+ cryptocurrencies and commodities.

  • 0% commission on buying stocks - buy in bulk or just a fraction from as little as $10. Other fees apply. For more information, visit etoro.com/trading/fees.

  • Copy top-performing traders in real time, automatically.

  • eToro USA is registered with FINRA for securities trading.

30+ million Users
Securities trading offered by eToro USA Securities, Inc. (“the BD”), member of FINRA and SIPC. Cryptocurrency offered by eToro USA LLC (“the MSB”) (NMLS: 1769299) and is not FDIC or SIPC insured. Investing involves risk, and content is provided for educational purposes only, does not imply a recommendation, and is not a guarantee of future performance. Finbold.com is not an affiliate and may be compensated if you access certain products or services offered by the MSB and/or the BD

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