Starwood Property Trust, Inc. (STWD) Tops Q1 EPS by 6c; Guides Q2 EPS; Increases Qtr. Dividend 4.8% to $0.44; Yields 7.8%
Starwood Property Trust, Inc. (NYSE: STWD) reported Q1 EPS of $0.43, versus $0.37 reported last year.
Starwood Property Trust, Inc. sees FY2011 EPS of $1.80-$1.95.
On May 10, 2011, the Company's Board of Directors declared a dividend of $0.44 per share of common stock for the quarter ended June 30, 2011. This represents a 4.8% increase from the prior quarter's dividend of $0.42. The dividend is payable on July 15, 2011 to common stockholders of record on June 30, 2011.
Yield on the dividend is 7.8 percent.
Starwood Property Trust, Inc. sees FY2011 EPS of $1.80-$1.95.
On May 10, 2011, the Company's Board of Directors declared a dividend of $0.44 per share of common stock for the quarter ended June 30, 2011. This represents a 4.8% increase from the prior quarter's dividend of $0.42. The dividend is payable on July 15, 2011 to common stockholders of record on June 30, 2011.
Yield on the dividend is 7.8 percent.