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DIVIDEND ANNOUNCEMENT: Redwood Trust Inc (NYSE:RWT) on 03/14/2023 declared a dividend of $0.2300 per share
Redwood Trust Inc (NYSE:RWT) on 03/14/2023 declared a dividend of $ 0.2300 per share payable on March 31, 2023 to shareholders of record as of March 24, 2023.
Redwood Trust Inc (NYSE:RWT) has paid dividends since 1995, has a current dividend yield of 13.5095453262% and has increased its dividends for 2 successive years.
Redwood Trust Inc's market cap is $ 773,541,090 and has a PE ratio of 0.00. The stock price closed yesterday at $ 6.81 and has a 52 week low/high of $ 5.51 and $ 11.03.
Redwood Trust is a real estate investment trust. Co. is a finance company focused on several main areas of housing credit. Co. operates its business in three segments: Residential Lending, which consists of a mortgage loan conduit that acquires residential loans from third-party originators for subsequent sale, securitization, or transfer into Co.'s investment portfolio; Business Purpose Lending, which consists of a platform that originates and acquires business purpose loans for subsequent securitization or transfer into Co.'s investment portfolio; and Third-Party Investments, which consists of investments sourced through its residential and business purpose mortgage banking operations.
For more information on Redwood Trust Inc click here.
Dividend Ex Date: March 23, 2023
Dividend Record Date: March 24, 2023
Dividend Payment Date: March 31, 2023
Dividend Amount: $ 0.2300
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RWT Projected 10 Year Dividend Yield
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