RWT Redwood Trust dividend history, payout ratio & dates
Redwood Trust's most recent dividend was on Sep 23, 2024 (ex-date) with a cash dividend payment of $0.17 per share. On an annualized basis, the company has a current payout of $0.65 per share. This brings the dividend yield to 8.54% based on its recent close price. The latest dividend has increased by $0.01, or 6% from the previous payment.
Key dates
- RWT last dividend date: Sep 23, 2024
RWT dividend stats
vs. Real Estate sector
Dividend yield
RWT has a dividend yield of 8.54% which is above the Real Estate sector and its peers average but below the industry average. Compared to its Real Estate sector average of 6%, Redwood Trust's dividend yield is 42% higher. The historical 5-year average of RWT's dividend yield is 10.0%, which is above the current yield.
Dividend history
Redwood Trust has been paying dividends since 1995. RWT has issued four quarterly dividends in the last twelve months. The annualized DPS has decreased by 17% for the last year. And since the stock price has gone up by 13% from a year ago, the dividend yield has decreased by 26%.
Recent dividends
| Ex-date | Amount | Yield (TTM) |
|---|---|---|
| Sep 23, 2024 | $0.17 | 8.42% |
| Jun 21, 2024 | $0.16 | 10.11% |
| Mar 20, 2024 | $0.16 | 10.14% |
| Dec 19, 2023 | $0.16 | 9.5% |
| Sep 21, 2023 | $0.16 | 10.97% |
| Jun 22, 2023 | $0.16 | 13.67% |
| Mar 23, 2023 | $0.23 | 15.08% |
| Dec 19, 2022 | $0.23 | 13.33% |
| Sep 22, 2022 | $0.23 | 14.09% |
| Jun 22, 2022 | $0.23 | 12.62% |
| Mar 23, 2022 | $0.23 | 8.13% |
| Dec 16, 2021 | $0.23 | 5.98% |
| Sep 22, 2021 | $0.21 | 5.45% |
| Jun 22, 2021 | $0.18 | 5.12% |
| Mar 23, 2021 | $0.16 | 5.57% |
| Dec 16, 2020 | $0.14 | 8.27% |
| Sep 21, 2020 | $0.14 | 11.54% |
| Jun 19, 2020 | $0.125 | 15.81% |
| Mar 13, 2020 | $0.32 | 9.71% |
| Dec 13, 2019 | $0.3 | 7.38% |
| Sep 13, 2019 | $0.3 | 7.18% |
| Jun 13, 2019 | $0.3 | 7.54% |
| Mar 14, 2019 | $0.3 | 7.65% |
| Dec 13, 2018 | $0.3 | 7.44% |
| Sep 13, 2018 | $0.3 | 7.01% |
| Jun 14, 2018 | $0.3 | 6.91% |
| Mar 14, 2018 | $0.28 | 7.23% |
| Dec 14, 2017 | $0.28 | 7.55% |
| Sep 14, 2017 | $0.28 | 7.06% |
| Jun 14, 2017 | $0.28 | 6.6% |
| Mar 14, 2017 | $0.28 | 6.97% |
| Dec 13, 2016 | $0.28 | 7.31% |
| Sep 13, 2016 | $0.28 | 8.41% |
| Jun 14, 2016 | $0.28 | 8.13% |
| Mar 14, 2016 | $0.28 | 9.14% |
| Dec 15, 2015 | $0.28 | 8.9% |
| Sep 11, 2015 | $0.28 | 8% |
| Jun 12, 2015 | $0.28 | 6.7% |
| Mar 13, 2015 | $0.28 | 6.19% |
Redwood Trust dividend payout ratio
Payout ratio
RWT has a payout ratio of 361.1% which is higher than the Real Estate sector and the industry average. In comparison with the Real Estate sector average of 137.4%, Redwood Trust's payout ratio is 163% higher.
Total amount of dividends paid per financial year (from cash flow)
RWT dividend vs peer dividends
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| BXMT Blackstone Mortgage Trust Inc | 12.45% | $2.33 | N/A |
| RWT Redwood Trust Inc | 8.49% | $0.65 | 361.1% |
| LXP Lexington Realty Trust | 5.48% | $0.52 | 650% |
| BXP Boston Properties Inc | 4.78% | $3.92 | 366.4% |
| IRT Independence Realty Trust Inc | 3.22% | $0.64 | N/A |
Frequently asked questions
Does Redwood Trust pay a dividend?
Yes, Redwood Trust has been paying dividends for the last 29 years.
When was RWT's last dividend?
Redwood Trust's last dividend ex-date was on Sep 23, 2024. The dividend amount was $0.17 per share.
How much dividend does Redwood Trust pay (per share)?
RWT's annualized dividend per share is $0.65.
What is Redwood Trust's dividend yield?
The current dividend yield of Redwood Trust is 8.54%.
How often does Redwood Trust pay dividends?
Redwood Trust has a quarterly dividend frequency.
What is Redwood Trust's dividend payout ratio?
Redwood Trust's dividend payout ratio is 361.1%.
Does Redwood Trust pay a good dividend?
Redwood Trust's dividend yield is above the Real Estate sector average.
Special dividends are included in TTM DPS and yield. Data from 
and Sharadar.