2023-06-14 09:02:13 ET
- Redwood Trust ( NYSE: RWT ) declares $0.16/share quarterly dividend , -30.4% decrease from prior dividend of $0.23.
- Forward yield 9.79%
- Payable June 30; for shareholders of record June 23; ex-div June 22.
- The company cut its quarterly dividend by 30.4% after paying a quarterly dividend of $0.23 in each of the previous 6 quarters.
- Recently, New York Mortgage Trust also slashed its dividend by 25% to $0.30.
- Hudson Pacific Properties halved dividend to $0.125/share .
- See RWT Dividend Scorecard, Yield Chart, & Dividend Growth.
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Redwood Trust slashes dividend by 30.4% to $0.16