Redwood Trust, Inc. ( RWT ) will begin trading ex-dividend on December 15, 2015. A cash dividend payment of $0.28 per share is scheduled to be paid on December 29, 2015. Shareholders who purchased RWT prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 12th quarter that RWT has paid the same dividend. At the current stock price of $13.29, the dividend yield is 8.43%.
The previous trading day's last sale of RWT was $13.29, representing a -34.95% decrease from the 52 week high of $20.43 and a 7.74% increase over the 52 week low of $12.34.
RWT is a part of the Consumer Services sector, which includes companies such as Simon Property Group, Inc. ( SPG ) and Public Storage ( PSA ). RWT's current earnings per share, an indicator of a company's profitability, is $1. Zacks Investment Research reports RWT's forecasted earnings growth in 2015 as -20.58%, compared to an industry average of -2.8%.