Redwood Trust (RWT) Raises Quarterly Dividend 6.7% to $0.32; 7.7% Yield
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Redwood Trust Announces Dividend Increase Of 6.7% For The First Quarter Of 2020
February 27, 2020 4:15 PM ESTMILL VALLEY, Calif., Feb. 27, 2020 /PRNewswire/ -- Redwood Trust, Inc. (NYSE: RWT), a leading innovator in housing credit investing, today announced its Board of Directors has declared a 6.7% increase in the company's regular quarterly common stock dividend to $0.32 per share for the first quarter of 2020, up from $0.30 per share. This also marks the company's 83rd consecutive quarterly dividend. The first quarter 2020 dividend is payable on March 30, 2020 to stockholders of record on March 16, 2020.
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