Redwood Trust, Inc. (
) has announced an ex-dividend date of December 12, 2012 and a cash
dividend payment of $0.25 per share scheduled for December 27,
2012. Shareholders who purchased RWT stock prior to the ex-dividend
date are eligible for the cash dividend payment. This marks the
16th quarter that RWT has paid the same dividend. At the current
stock price of $16.57, the dividend yield is 6.04%.
The previous trading day's last sale of RWT was $16.57,
representing a -2.53% decrease from the 52 week high of $17 and a
63.41% increase over the 52 week low of $10.14.
RWT is a part of the Consumer Services sector, which includes
companies such as Simon Property Group, Inc. (
) and American Tower Corporation (REIT) (
). RWT's current earnings per share, an indicator of a company's
profitability, is $1.07. Zacks Investment Research reports RWT's
forecasted earnings growth in 2012 as 60.57%, compared to an
industry average of -5.6%.
For more information on the declaration, record and payment
dates, visit the
Interested in gaining exposure to RWT through an Exchange
Traded Fund [ETF]?
The following ETF(s) have RWT as a top-10 holding:
- PowerShares Fundamental Pure Small Value Portfolio (
The top-performing ETF of this group is PXSV with an increase of
6.14% over the last 100 days. It also has the highest percent
weighting of RWT at 0.45%.