Redwood Trust Inc.
S&P 500RWT/Real Estate · REIT - Mortgage/NYSE
Dividend Yield
14.47%
$0.72 · Annual Dividend
Dividend Safety Rating
RWT's dividend shows some areas that warrant monitoring. Strengths include a 0.8% fcf payout ratio & 1.0% cfo payout ratio. Areas of concern: 328.6% earnings payout ratio & 92.3% net debt / total assets. As a REIT, higher payout ratios are normal since they are required to distribute most taxable income.
Based on 13 of 15 metrics
Strengths
- FCF Payout Ratio: 0.8%Free cash flow comfortably covers the dividend.
- CFO Payout Ratio: 1.0%Operating cash flow strongly supports the payout.
- Current Ratio: 72.3xStrong short-term liquidity to meet obligations.
Risks
- Earnings Payout Ratio: 328.6%High earnings payout ratio leaves little safety margin.
- Net Debt / Total Assets: 92.3%Net debt is high relative to total assets.
- Debt-to-Equity: 2656.2Debt-to-equity is elevated for the sector.
Payout & Coverage
SafeBalance Sheet
WarningProfitability
DangerDividend Track Record
CautionAbout Redwood Trust Inc.
Redwood Trust Inc. is a financial company specializing in real estate investment trusts (REITs) with an emphasis on residential and commercial mortgage banking operations. The primary purpose of Redwood Trust is to provide investors with exposure to income-generating real estate assets, specifically focusing on the origination and acquisition of residential jumbo loans and high-quality securities backed by diversified physical properties. Its operations include mortgage-backed securities and real estate-related compositions, providing crucial capital and liquidity in the mortgage finance market. A notable feature of Redwood Trust is its engagement in securitization activities, making significant contributions to the secondary mortgage market. As a result, Redwood Trust plays a pivotal role in facilitating housing finance and extending financial solutions to under-served market segments. The company’s robust presence within the real estate sector underlines its importance in stabilizing and expanding available resources for homebuyers while offering investors steady income streams. By bridging the gap between mortgage originators and the end-market, Redwood Trust adds vital support to housing affordability and financial innovation in the housing finance ecosystem.
Dividend Overview
Dividend Yield
14.47%
Annual Dividend
$0.72
Frequency
Quarterly
Payout Ratio
328.57%
FCF Payout Ratio
0.83%
52-Week Range
$4.71 - $6.97
Dividend History (2016–2025)
RWT annual dividend per share and yield history
Earnings & Profitability
RWT earnings per share and net profit margin
Key Dates
Last Ex-Dividend Date
June 23, 2026
Next Payment Date
June 30, 2026
Dividend Growth
3-Year Dividend CAGR
-7.85%
5-Year Dividend CAGR
-0.14%
10-Year Dividend CAGR
-4.32%
3-Year Total Growth
-21.74%
5-Year Total Growth
-0.69%
10-Year Total Growth
-35.71%
Income Calculator
Frequently Asked Questions
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How is RWT's Dividend Safety Rating calculated?
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This page is not investment advice. The content is for informational purposes only and should not be construed as a recommendation to buy, sell, or hold any security. Always do your own research and consult a qualified financial advisor before making investment decisions.
Financial data, including dividend history, earnings, balance sheet metrics, and the Dividend Safety Rating, is provided for informational purposes only. Data may be delayed or differ from official filings. Past performance does not guarantee future results. Always verify with official sources before making investment decisions.
Market data provided by Twelve Data.