Redwood Trust, Inc. ( RWT ) will begin trading ex-dividend on September 11, 2015. A cash dividend payment of $0.28 per share is scheduled to be paid on September 30, 2015. Shareholders who purchased RWT prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 11th quarter that RWT has paid the same dividend. At the current stock price of $14.29, the dividend yield is 7.84%.
The previous trading day's last sale of RWT was $14.29, representing a -30.05% decrease from the 52 week high of $20.43 and a 2.44% increase over the 52 week low of $13.95.
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 $1.28. Zacks Investment Research reports RWT's forecasted earnings growth in 2015 as -9.78%, compared to an industry average of -3.8%.