DIVIDEND ANNOUNCEMENT: Redwood Trust Inc (NYSE:RWT) on 03/07/2024 declared a dividend of $0.1600 per share

Redwood Trust Inc (NYSE:RWT) on 03/07/2024 declared a dividend of $ 0.1600 per share payable on March 28, 2024 to shareholders of record as of March 21, 2024.

Redwood Trust Inc (NYSE:RWT) has paid dividends since 1995, has a current dividend yield of 10.6666660309% and has increased its dividends for 0 successive years.

Redwood Trust Inc's market cap is $ 789,462,000 and has a PE ratio of 0.00. The stock price closed yesterday at $ 6.00 and has a 52 week low/high of $ 5.47 and $ 8.30.

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.