Redwood Trust, Inc. (RWT) Ex-Dividend Date Scheduled for March 14, 2018

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Redwood Trust, Inc. ( RWT ) will begin trading ex-dividend on March 14, 2018. A cash dividend payment of $0.28 per share is scheduled to be paid on March 29, 2018. Shareholders who purchased RWT prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 19th quarter that RWT has paid the same dividend.

The previous trading day's last sale of RWT was $15.56, representing a -10.83% decrease from the 52 week high of $17.45 and a 8.89% increase over the 52 week low of $14.29.

RWT is a part of the Consumer Services sector, which includes companies such as American Tower Corporation (REIT) ( AMT ) and Simon Property Group, Inc. ( SPG ). RWT's current earnings per share, an indicator of a company's profitability, is $1.62. Zacks Investment Research reports RWT's forecasted earnings growth in 2018 as 3.6%, compared to an industry average of -.8%.

For more information on the declaration, record and payment dates, visit the RWT Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today.

Interested in gaining exposure to RWT through an Exchange Traded Fund [ETF]?
The following ETF(s) have RWT as a top-10 holding:

  • VanEck Vectors Mortgage REIT Income ETF ( MORT ).

The top-performing ETF of this group is MORT with an decrease of -9.03% over the last 100 days. It also has the highest percent weighting of RWT at 0.02%.

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 Symbols: RWT , AMT , SPG , MORT

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