RWT maintains its $0.18 per share payout for the seventh straight quarter, offering a forward yield of 13.9%.
Redwood Trust announced a $0.18 per share quarterly dividend, matching its prior payout. The dividend will be paid on June 30 to shareholders of record as of June 23, with an ex-dividend date set for June 23.
The company has now held its dividend steady at $0.18 for seven consecutive quarters. The forward yield stands at 13.9%, reflecting the current share price and consistent payout history.
No immediate market reaction was disclosed in the announcement.