Redwood Trust, Inc. (
) will begin trading ex-dividend on March 13, 2013. A cash dividend
payment of $0.28 per share is scheduled to be paid on March 29,
2013. Shareholders who purchased RWT stock prior to the ex-dividend
date are eligible for the cash dividend payment. This represents an
12% increase over the prior quarter.
The previous trading day's last sale of RWT was $21.46,
representing a 0% decrease from the 52 week high of $21.46 and a
94.03% increase over the 52 week low of $11.06.
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 $1.6. Zacks Investment Research reports RWT's
forecasted earnings growth in 2013 as -6.87%, compared to an
industry average of -7.3%.
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
16.12% over the last 100 days. It also has the highest percent
weighting of RWT at 0.61%.