Resource Capital declares quarterly dividend

AP News
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Posted: Dec 14, 2009 11:17 AM

Resource Capital Corp., a real estate investment trust, said Monday its board of directors has declared a quarterly dividend of 25 cents per common share.

The dividend will be paid Jan. 26 to shareholders of record on Dec. 31.

Shares of Resource Capital rose 12 cents, or 2.6 percent, to $4.76 in morning trading.