Redwood Trust (NYSE: RWT) declared a quarterly dividend of $0.30 per share, or $1.2 annualized.

The dividend will be payable on December 28, 2018, to stockholders of record on December 14, 2018, with an ex-dividend date of December 13, 2018.

The annual yield on the dividend is 7.3 percent.

"The payment of regular dividends remains a priority for Redwood. Our fourth quarter dividend will mark our 78th consecutive quarterly dividend," said Christopher J. Abate, Redwood's Chief Executive Officer.

For a dividend history and other dividend-related data on Redwood Trust (RWT) click here.