Redwood Trust, Inc., together with its subsidiaries, operates as a specialty finance company in the United States. The company operates through three segments: Residential Mortgage Banking, Business Purpose Mortgage Banking, and Investment Portfolio. The Residential Mortgage Banking segment operates a mortgage loan conduit that acquires residential loans from third-party originators for subsequent sale, securitization, or transfer to its investment portfolio. This segment also offers derivative financial instruments to manage risks associated with residential loans. The Business Purpose Mortgage Banking segment operates a platform that originates and acquires business purpose loans, such as single-family rental and bridge loans for subsequent securitization, sale, or transfer into its investment portfolio. The Investment Portfolio segment invests in securities retained from residential and business purpose securitization activities, and residential and small-balance multifamily bridge loans, as well as residential mortgage-backed securities issued by third parties, Freddie Mac K-Series multifamily loan securitizations and reperforming loan securitizations, servicer advance investments, home equity investments, and other housing-related investments. The company qualifies as a real estate investment trust (REIT) for federal income tax purposes. As a REIT, it intends to distribute at least 90% of its taxable income as dividends to shareholders. Redwood Trust, Inc. was incorporated in 1994 and is headquartered in Mill Valley, California.
Redwood Trust Dividend Announcement
• Redwood Trust announced a quarterly dividend of $0.17 per ordinary share which will be made payable on 2024-09-30. Ex dividend date: 2024-09-23
• Redwood Trust annual dividend for 2024 was $0.49
• Redwood Trust annual dividend for 2023 was $0.71
• Redwood Trust's trailing twelve-month (TTM) dividend yield is 9.03%
• Redwood Trust's payout ratio for the trailing twelve months (TTM) is 144.75%
• Redwood Trust's dividend growth over the last five years (2018-2023) was -9.66% year
• Redwood Trust's dividend growth over the last ten years (2013-2023) was -4.46% year
Redwood Trust Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-09-23 | $0.17 | quarterly | 2024-09-30 |
2024-06-21 | $0.16 | quarterly | 2024-06-28 |
2024-03-20 | $0.16 | quarterly | 2024-03-28 |
2023-12-19 | $0.16 | quarterly | 2023-12-28 |
2023-09-21 | $0.16 | quarterly | 2023-09-29 |
2023-06-22 | $0.16 | quarterly | 2023-06-30 |
2023-03-23 | $0.23 | quarterly | 2023-03-31 |
2022-12-19 | $0.23 | quarterly | 2022-12-28 |
2022-09-22 | $0.23 | quarterly | 2022-09-30 |
2022-06-22 | $0.23 | quarterly | 2022-06-30 |
2022-03-23 | $0.23 | quarterly | 2022-03-31 |
2021-12-16 | $0.23 | quarterly | 2021-12-28 |
2021-09-22 | $0.21 | quarterly | 2021-09-30 |
2021-06-22 | $0.18 | quarterly | 2021-06-30 |
2021-03-23 | $0.16 | quarterly | 2021-03-31 |
2020-12-16 | $0.14 | quarterly | 2020-12-29 |
2020-09-21 | $0.14 | quarterly | 2020-09-29 |
2020-06-19 | $0.12 | quarterly | 2020-06-29 |
2020-03-13 | $0.32 | quarterly | 2020-05-08 |
2019-12-13 | $0.30 | quarterly | 2019-12-30 |
2019-09-13 | $0.30 | quarterly | 2019-09-30 |
2019-06-13 | $0.30 | quarterly | 2019-06-28 |
2019-03-14 | $0.30 | quarterly | 2019-03-29 |
2018-12-13 | $0.30 | quarterly | 2018-12-28 |
2018-09-13 | $0.30 | quarterly | 2018-09-28 |
2018-06-14 | $0.30 | quarterly | 2018-06-29 |
2018-03-14 | $0.28 | quarterly | 2018-03-29 |
2017-12-14 | $0.28 | quarterly | 2017-12-28 |
2017-09-14 | $0.28 | quarterly | 2017-09-29 |
2017-06-14 | $0.28 | quarterly | 2017-06-30 |
2017-03-14 | $0.28 | quarterly | 2017-03-31 |
2016-12-13 | $0.28 | quarterly | 2016-12-29 |
2016-09-13 | $0.28 | quarterly | 2016-09-30 |
2016-06-14 | $0.28 | quarterly | 2016-06-30 |
2016-03-14 | $0.28 | quarterly | 2016-03-31 |
2015-12-15 | $0.28 | quarterly | 2015-12-29 |
2015-09-11 | $0.28 | quarterly | 2015-09-30 |
2015-06-12 | $0.28 | quarterly | 2015-06-30 |
2015-03-13 | $0.28 | quarterly | 2015-03-31 |
2014-12-11 | $0.28 | quarterly | 2014-12-29 |
2014-09-11 | $0.28 | quarterly | 2014-09-30 |
2014-06-11 | $0.28 | quarterly | 2014-06-30 |
2014-03-12 | $0.28 | quarterly | 2014-03-31 |
2013-12-11 | $0.28 | quarterly | 2013-12-27 |
2013-09-11 | $0.28 | quarterly | 2013-09-30 |
2013-06-12 | $0.28 | quarterly | 2013-06-28 |
2013-03-13 | $0.28 | quarterly | 2013-03-29 |
Redwood Trust Dividend per year
Redwood Trust Dividend growth
Redwood Trust Dividend Yield
Redwood Trust current trailing twelve-month (TTM) dividend yield is 9.03%. Interested in purchasing Redwood Trust stock? Use our calculator to estimate your expected dividend yield:
Redwood Trust Financial Ratios
Redwood Trust Dividend FAQ
Other factors to consider when evaluating Redwood Trust as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
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1. Determination of Dividend: Redwood Trust's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, Redwood Trust publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, Redwood Trust distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from Redwood Trust are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
1. Record Date: Redwood Trust sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, Redwood Trust distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Redwood Trust declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
To assess the safety of Redwood Trust's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review Redwood Trust's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.