DIVIDEND ANNOUNCEMENT: Redwood Trust Inc (NYSE:RWT) on 09/12/2023 declared a dividend of $0.1600 per share

Redwood Trust Inc (NYSE:RWT) on 09/12/2023 declared a dividend of $ 0.1600 per share payable on September 29, 2023 to shareholders of record as of September 22, 2023.

Redwood Trust Inc (NYSE:RWT) has paid dividends since 1995, has a current dividend yield of 8.2580642700% and has increased its dividends for 2 successive years.

Redwood Trust Inc's market cap is $ 885,321,250 and has a PE ratio of 0.00. The stock price closed yesterday at $ 7.75 and has a 52 week low/high of $ 5.47 and $ 8.72.

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.

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