dividend
confidence high
sentiment positive
materiality 0.55
Redwood Trust increases Q3 2024 common dividend 6.25% to $0.17 per share
REDWOOD TRUST INC
- Common dividend raised to $0.17/share from $0.16, payable Sept 30, 2024 to holders of record Sept 23.
- 101st consecutive quarterly common dividend declared.
- Series A preferred dividend declared at $0.625/share, payable Oct 15, 2024 to holders of record Oct 1.
- CEO cites balance sheet strength and accommodative rate outlook for the increase.
- Common dividend record date Sept 23, 2024; payable Sept 30.