Credit: Shutterstock photoRedwood Trust, Inc. ( RWT ) will begin trading ex-dividend on December 14, 2017. A cash dividend payment of $0.28 per share is scheduled to be paid on December 28, 2017. Shareholders who purchased RWT prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 18th quarter that RWT has paid the same dividend. At the current stock price of $15.12, the dividend yield is 7.41%.
The previous trading day's last sale of RWT was $15.12, representing a -13.35% decrease from the 52 week high of $17.45 and a 5.81% 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 $1.58. Zacks Investment Research reports RWT's forecasted earnings growth in 2017 as -14.72%, compared to an industry average of -5.4%.
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.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
