MILL VALLEY, Calif., Nov. 7, 2016 /PRNewswire/ -- Redwood Trust, Inc. RWT today announced that its Board of Directors authorized the declaration of a fourth quarter regular dividend of $0.28 per share. The fourth quarter 2016 dividend is payable on December 29, 2016 to stockholders of record on December 15, 2016.
"The payment of regular dividends remains a priority for Redwood. Our fourth quarter dividend will mark our 70th consecutive quarterly dividend," said Marty Hughes, Redwood's Chief Executive Officer.
For more information about Redwood Trust, Inc., please visit our website at: www.redwoodtrust.com.
To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/redwood-trust-declares-028-per-share-dividend-for-the-fourth-quarter-of-2016-300358372.html
SOURCE Redwood Trust, Inc.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.