Ready Capital At 40 Cents On The Dollar Is Too Extreme A Discount (NYSE:RC)

Ready Capital (NYSE: RC ) trades at a substantial discount to its book value per share, while paying out an uncovered double-digit dividend yield to its shareholders from interest income earned from a portfolio primarily formed fromThe equity market is a powerful mechanism as daily fluctuations in price get aggregated to incredible wealth creation or destruction over the long term. Pacifica Yield aims to pursue long-term wealth creation with a focus on undervalued yet high-growth companies, high-dividend ti ...