Redwood Trust stock dividend – Redwood Trust Inc Declares 0.23 Cash Dividend

Dividends Yield

Redwood Trust ($NYSE:RWT) Inc Declares 0.23 Cash Dividend on March 16 2023. REDWOOD TRUST has consistently issued dividend per share of 0.92 USD for the past 3 years, resulting in an average dividend yield of 10.66%. This dividend offering is a great opportunity if you are looking for dividend stocks, as the ex-dividend date is March 23 2023. This provides a great opportunity to invest in REDWOOD TRUST and get regular dividend income. With REDWOOD TRUST’s consistent dividend per share and high yield, it is a great long-term investment option.

Stock Price

The dividend was declared after the stock opened at $6.9 and closed at $7.0, representing a 0.6% increase from its previous closing price of 7.0. This marks the fourth consecutive quarter that the company has declared a dividend, providing investors with a steady return on their investment. This is another example of Redwood Trust Inc’s commitment to creating value for its shareholders. Live Quote…

About the Company

Income Snapshot

Below shows the total revenue, net income and net margin for Redwood Trust. More…

Cash Flow Snapshot

Below shows the cash from operations, investing and financing for Redwood Trust. More…

Balance Sheet Snapshot

Below shows the total assets, liabilities and book value per share for Redwood Trust. More…

Key Ratios Snapshot

Some of the financial key ratios for Redwood Trust are shown below. More…

Analysis

GoodWhale has analyzed the financials of REDWOOD TRUST, and the results are in. From Star Chart, REDWOOD TRUST has a strong dividend, medium asset, and weak growth and profitability. Meanwhile, REDWOOD TRUST has a low health score of 3/10 when it comes to its cashflows and debt, meaning it is less likely to sustain future operations in times of crisis. Based on these results, REDWOOD TRUST is classified as a ‘cow’, a type of company that has the track record of paying out consistent and sustainable dividends. This means that investors looking for long-term investments that can provide steady income may be interested in REDWOOD TRUST. Those seeking growth opportunities may want to look elsewhere, however. More…

Peers

In the world of real estate investment trusts, or REITs, competition is fierce. Among the top competitors are Redwood Trust Inc, Cherry Hill Mortgage Investment Corp, Granite Point Mortgage Trust Inc, and MFA Financial Inc. All four companies are publicly traded on the stock market and offer investors a way to invest in the real estate market without actually owning property.

– Cherry Hill Mortgage Investment Corp ($NYSE:CHMI)

Cherry Hill Mortgage Investment Corporation, a real estate investment trust, acquires, invests in, and manages residential mortgage assets in the United States. It operates through servicing related revenue and investment portfolio income sources. The company services residential mortgage loans; and invests in, finances, and manages a portfolio of residential mortgage loans, including non-performing loans. Cherry Hill Mortgage Investment Corporation was founded in 2012 and is headquartered in Horsham, Pennsylvania.

– Granite Point Mortgage Trust Inc ($NYSE:GPMT)

Granite Point Mortgage Trust Inc is a real estate investment trust that focuses on originating, financing, and managing senior floating rate commercial mortgage loans. The company has a market cap of 350.75M as of 2022. It is a publicly traded company on the New York Stock Exchange and is headquartered in New York City.

– MFA Financial Inc ($NYSE:MFA)

MFA Financial Inc is a real estate investment trust that focuses on investing in residential mortgage assets. As of December 31, 2020, the company had a market capitalization of $925.3 million. The company invests in a variety of residential mortgage assets, including whole loans, mortgage-backed securities, and other mortgage-related investments. MFA Financial is headquartered in New York, New York.

Summary

REDWOOD TRUST is an attractive option for investors looking for solid dividend payouts. The company has maintained a steady dividend yield of 10.66% for the past three years, with the dividend per share coming in at 0.92 USD each year. Investing in REDWOOD TRUST has proven to be a secure and reliable source of income.

Analysts have pointed to the company’s strong balance sheet and liquidity as key factors that can make it a safe bet for investors over the long-term. REDWOOD TRUST is well positioned to benefit from a recovering economy and continues to be an attractive investment opportunity for those looking for steady payouts.