secwatch.observer — SEC 8-K summary
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Issuer:     Ready Capital Corp (RC)
CIK:        0001527590
Form:       8-K
Filed at:   2022-08-04T23:59:59+00:00
Accession:  0001558370-22-012252
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Ready Capital Q2 GAAP EPS $0.47, distributable EPS $0.48; dividend covered 1.14x
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- GAAP net income $59M ($0.47/share); distributable earnings $60.1M ($0.48/share).
- Total investments $2.1B in Q2; year-to-date $5.2B, up 17% YoY.
- Declared $0.42/share dividend; distributable earnings coverage of 1.14x.
- Net book value $15.28 per share as of June 30, 2022.
- Subsequent: JV with Starz Real Estate for €300M European loans; issued $80M 7.375% Notes due 2027.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1527590/000155837022012252/0001558370-22-012252-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1527590/000155837022012252/rc-20220804x8k.htm
  HTML page:      https://secwatch.observer/filing/0001558370-22-012252

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer