Redwood Trust, Inc. (RWT) Ex-Dividend Date Scheduled for December 12, 2012


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Redwood Trust, Inc. ( RWT ) 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. ( SPG ) and American Tower Corporation (REIT) ( AMT ). 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 RWT Dividend History page.

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 ( PXSV ).

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%.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

This article appears in: News Headlines Stocks
Referenced Stocks: AMT , PXSV , RWT , SPG

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