Redwood Trust, Inc. (RWT) Ex-Dividend Date Scheduled for March 13, 2013

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Redwood Trust, Inc. ( RWT ) 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. ( SPG ) and American Tower Corporation (REIT) ( AMT ). 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 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 16.12% over the last 100 days. It also has the highest percent weighting of RWT at 0.61%.



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



This article appears in: News Headlines , Stocks

Referenced Stocks: AMT , PXSV , RWT , SPG

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