DIVIDEND ANNOUNCEMENT: Redwood Trust Inc (NYSE:RWT) on 02/27/2020 declared a dividend of $0.3200 per share

Redwood Trust Inc (NYSE:RWT) on 02/27/2020 declared a dividend of $ 0.3200 per share payable on March 30, 2020 to shareholders of record as of March 16, 2020. Dividend amount recorded is an increase of $ 0.02 from last dividend Paid.

Redwood Trust Inc (NYSE:RWT) has paid dividends since 1995, has a current dividend yield of 7.6372313499% and has increased its dividends for 2 successive years.

Redwood Trust Inc's market cap is $ 1,888,684,400 and has a PE ratio of 14.70. The stock price closed yesterday at $ 16.76 and has a 52 week low/high of $ 15.24 and $ 18.01.

Redwood Trust is a real estate investment trust. Co. focuses on making investments in single-family residential and multifamily mortgages and related assets and engaging in mortgage banking activities. Co.'s segments include: Investment Portfolio, which includes a portfolio of investments in residential mortgage-backed securities (RMBS) retained from its Sequoia securitizations, as well as RMBS issued by third parties and other credit risk-related investments; and Mortgage Banking, which consists of operating a mortgage loan conduit that acquires residential loans from third-party originators for subsequent sale, securitization, or transfer to its investment portfolio.

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