Resource Capital Corp. Declares Quarterly Cash Dividends for Preferred Stock

Resource Capital Corp. Declares Quarterly Cash Dividends for Preferred Stock
  
 

NEW YORK, NY--(Marketwired - Jun 19, 2014) - Resource Capital Corp. (NYSE: RSO) (the "Company") announced today that it will pay a cash dividend on its 8.50% Series A Cumulative Redeemable Preferred Stock for the period from May 1, 2014 through and including July 30, 2014 in the amount of $0.53125 per share. The dividend will be payable on July 30, 2014 to holders of record on July 1, 2014.

Resource Capital Corp. will also pay a cash dividend on its 8.25% Series B Cumulative Redeemable Preferred Stock for the period from May 1, 2014 through and including July 30, 2014 in the amount of $0.515625 per share. The dividend will be payable on July 30, 2014 to holders of record on July 1, 2014.

Resource Capital Corp. will also pay a prorated cash dividend on its 8.625% Series C Cumulative Redeemable Preferred Stock for the period from June 10, 2014 up to July 30, 2014 in the amount of $0.299479 per share. The dividend will be payable on July 30, 2014 to holders of record on July 1, 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 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