Redwood Trust's most recent quarterly dividend was on Sep 22, 2022 (ex-date) with a cash dividend payment of $0.23 per share. On an annualized basis, the company has a current payout of $0.92 per share. This brings the dividend yield to 16.25% based on its recent close price.
RWT has a dividend yield of 16.25% which is above the Real Estate sector, the industry and its peers average. Compared to its Real Estate sector average of 6.22%, Redwood Trust's dividend yield is 161% higher. The historical 5-year average of RWT's dividend yield is 8.4%, which is below the current yield.
Redwood Trust has been paying dividends since 1995. RWT has issued four quarterly dividends in the last twelve months. The annualized DPS has increased by 33% for the last year. And since the stock price has gone down by 57% from a year ago, the dividend yield has increased by 210%.
| Ex-date | Payment date | Declared on | Amount | Type |
|---|---|---|---|---|
| Sep 22, 2022 | Sep 30, 2022 | Sep 13, 2022 | $0.23 | normal |
| Jun 22, 2022 | Jun 30, 2022 | Jun 9, 2022 | $0.23 | normal |
| Mar 23, 2022 | Mar 31, 2022 | Mar 14, 2022 | $0.23 | normal |
| Dec 16, 2021 | Dec 28, 2021 | Dec 7, 2021 | $0.23 | normal |
| Sep 22, 2021 | Sep 30, 2021 | Sep 13, 2021 | $0.21 | normal |
| Jun 22, 2021 | Jun 30, 2021 | Jun 10, 2021 | $0.18 | normal |
| Mar 23, 2021 | Mar 31, 2021 | Mar 10, 2021 | $0.16 | normal |
| Dec 16, 2020 | Dec 29, 2020 | Dec 7, 2020 | $0.14 | normal |
| Sep 21, 2020 | Sep 29, 2020 | Sep 11, 2020 | $0.14 | normal |
| Jun 19, 2020 | Jun 29, 2020 | Jun 11, 2020 | $0.125 | normal |
| Mar 13, 2020 | May 8, 2020 | Feb 27, 2020 | $0.32 | normal |
| Dec 13, 2019 | Dec 30, 2019 | Nov 7, 2019 | $0.3 | normal |
| Sep 13, 2019 | Sep 30, 2019 | Aug 7, 2019 | $0.3 | normal |
| Jun 13, 2019 | Jun 28, 2019 | May 16, 2019 | $0.3 | normal |
| Mar 14, 2019 | Mar 29, 2019 | Feb 27, 2019 | $0.3 | normal |
| Dec 13, 2018 | Dec 28, 2018 | Nov 7, 2018 | $0.3 | normal |
| Sep 13, 2018 | Sep 28, 2018 | Aug 7, 2018 | $0.3 | normal |
| Jun 14, 2018 | Jun 29, 2018 | May 22, 2018 | $0.3 | normal |
| Mar 14, 2018 | Mar 29, 2018 | Feb 22, 2018 | $0.28 | normal |
| Dec 14, 2017 | Dec 28, 2017 | Nov 6, 2017 | $0.28 | normal |
| Sep 14, 2017 | Sep 29, 2017 | Aug 3, 2017 | $0.28 | normal |
| Jun 14, 2017 | Jun 30, 2017 | May 18, 2017 | $0.28 | normal |
| Mar 14, 2017 | Mar 31, 2017 | Feb 23, 2017 | $0.28 | normal |
| Dec 13, 2016 | Dec 29, 2016 | Nov 7, 2016 | $0.28 | normal |
| Sep 13, 2016 | Sep 30, 2016 | Aug 8, 2016 | $0.28 | normal |
| Jun 14, 2016 | Jun 30, 2016 | May 16, 2016 | $0.28 | normal |
| Mar 14, 2016 | Mar 31, 2016 | Feb 25, 2016 | $0.28 | normal |
RWT has a payout ratio of 176.9% which is higher than the Real Estate sector, the industry and its peers average. In comparison with the Real Estate sector average of 116.4%, Redwood Trust's payout ratio is 52% higher.
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| RWT Redwood Trust Inc | 14.56% | $0.92 | 176.9% |
| BXMT Blackstone Mortgage Trust Inc | 9.84% | $2.48 | 100.4% |
| BXP Boston Properties Inc | 5.09% | $3.92 | 93.3% |
| LXP Lexington Realty Trust | 5.06% | $0.48 | 42.9% |
Yes, Redwood Trust has been paying dividends for the last 27 years.
Currently RWT's next dividend date is unknown, however based on the recent dividend frequency we project that it will likely be in December 2022.
Redwood Trust's last dividend ex-date was on Sep 22, 2022. The dividend amount was $0.23 per share.
RWT's annualized dividend per share is $0.92.
The current dividend yield of Redwood Trust is 16.25%.
Redwood Trust has a quarterly dividend frequency.
Redwood Trust's dividend payout ratio is 176.9%.
Redwood Trust's dividend yield is above the Real Estate sector average.