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RWT Redwood Trust, Inc. — dividend yield, history & ex-dividend dates

NYSE· Quarterly dividend· Common Stock · Real Estate / REIT - Mortgage

$3.55 ▼ $-0.08(-2.20%) as of Sep 13, 2026 06:20 UTC
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Redwood Trust, Inc. is a specialized financial enterprise operating across the United States, managing its activities through three distinct divisions. Its Residential Mortgage Banking segment functions as a conduit, sourcing residential home loans from various third-party originators. These loans are then either sold, converted into securities, or incorporated into Redwood Trust's own investment portfolio. This division also utilizes derivative financial instruments to mitigate risks associated with these residential loans. The Business Purpose Mortgage Banking segment is dedicated to originating and acquiring loans tailored for business uses, including single-family rental and bridge loans. Similar to the residential segment, these are subsequently securitized, sold, or added to the company's investment holdings. Finally, the Investment Portfolio segment deploys capital into a diverse array of assets. This includes securities retained from its own residential and business purpose securitization efforts, as well as residential and smaller multifamily bridge loans. The company also invests in residential mortgage-backed securities issued by other entities, Freddie Mac K-Series multifamily loan securitizations, reperforming loan securitizations, servicer advance investments, home equity investments, and various other housing-related assets. Qualifying as a Real Estate Investment Trust (REIT) for federal tax purposes, Redwood Trust, Inc. commits to distributing at least 90% of its taxable income as dividends to its shareholders. The company was established in 1994 and maintains its headquarters in Mill Valley, California.

Dividend Snapshot

StatusReduced
Latest Dividend$0.1800
Forward Annual$0.72
FrequencyQuarterly
Last Ex-DateSep 23, 2026
Next Ex-DateSep 23, 2026
Next Pay DateSep 30, 2026
1-Yr Growth7.5%
10-Yr Growth-4.3%

Key Metrics

Current Yield

20.28%

The annual dividend as a percentage of the share price. A 3% yield is about $3 of dividends a year for every $100 invested at today's price.

Annualized Dividend

$0.7200

The most recent payment scaled to a full year by how often it's paid. A $0.25 quarterly dividend annualizes to $1.00.

Frequency

Q Quarterly

How often the dividend is paid: Q = quarterly (4x a year), M = monthly, S = semi-annual, A = annual.

Rank Score

42.1

Our 0-100 house score blending yield, payout safety, growth and momentum. Higher means a stronger profile on those factors in our model — a research score, not advice or a recommendation to buy.

RSI (14)

17

Relative Strength Index (0-100), a price-momentum gauge. Above 70 is often called 'overbought', below 30 'oversold'. A technical signal, not a dividend metric.

52-Week Range

$3.55 – $6.68

The lowest and highest price over the past year — shows where today's price sits in its recent range.

Payout Ratio

n/a

The share of GAAP earnings paid out as dividends. Lower leaves more cushion; above 100% means paying out more than the company earns. It shows n/a for BDCs, REITs and funds, which pay out of cash flow / net investment income rather than GAAP earnings, so this ratio doesn't apply.

Years Paying

31

How many years of payments we have on record. This can understate very long histories where our data doesn't reach far enough back.

Price / Book

0.73

Price-to-book ratio: share price divided by book value per share. A rough valuation gauge, most useful for asset-heavy sectors like REITs, banks and insurers.

S.A.F.E. Dividend Read

S.A.F.E. is our quick durability read on a dividend — the same four-check test used across the screener and our ranked lists. Solid: the payout is well covered and the overall model profile is strong. Accelerating: the dividend has grown over time, not stalled. Flawless: an unbroken record with no cuts or suspensions. Enduring: a long enough paying history to weather a cycle. All four met earns the S.A.F.E. flag.
S Solid
Below the Solid check (model rank 70+ and yield 2%+): rank 42/100, yield 20.28%.
A Accelerating
Dividend growth has stalled — 1 consecutive annual increase(s), under the 3 this check looks for.
F Flawless
A dividend cut or reduction appears in the record.
E Enduring
31 years of dividend payments on record.

Quote & Key Data

ExchangeNYSEThe stock exchange where the shares trade, such as NYSE or Nasdaq.
Volume28,839,600How many shares changed hands in the latest session — a rough read on trading activity.
Open$3.52The price at the start of the latest trading session.
Day Range$3.47 – $3.59The lowest and highest price during the latest trading session.
Prev Close$3.63The closing price from the previous trading session.
Market Cap$720.28MThe company's total market value: share price times shares outstanding.
Shares Out202.90MThe total number of shares the company has issued.
EPS$-0.54Earnings per share — profit divided by shares outstanding. Dividends are paid out of these earnings.
P/E-6.6Price-to-earnings ratio: share price divided by earnings per share. A rough gauge of how richly the stock is valued.
Ex-DividendSep 23, 2026Buy before this date to receive the upcoming payment. Buy on or after it and the seller keeps that one.
Pay DateSep 30, 2026The date the dividend is actually paid into shareholders' accounts.

Dividend Growth

3-Yr Growth (CAGR)-7.8%The dividend's average annual growth rate over the period, compounded. Steady growth signals a healthy, rising payout.
5-Yr Growth (CAGR)-0.1%The dividend's average annual growth rate over the period, compounded. Steady growth signals a healthy, rising payout.
Consecutive Increases1 yrThe number of years in a row the dividend has increased — a track record of reliability.

Why the Yield Moved (90 Days)

RWT's dividend yield rose from 13.77% to 20.28% over the past ~90 days (+6.51 pp). Of that move, +0.00 pp came from changes in the dividend rate and +6.51 pp from the share price ($5.23 → $3.55). A yield that rises because the price fell is not an improvement in the payout itself.

Yield vs Its Own History

Current20.28%
1-Yr Average13.41%
Low / High10.78% – 20.28%
Percentile100%

Across 333 daily observations over the past 16 months, RWT's current yield is higher than approximately 100% of them. Our stored price history for RWT covers the past 16 months; 3- and 5-year averages are not yet computable from it and are deliberately not shown.

Adjusted Price History

Dividend History

Dividend Payment History

Ex-dividend calendar →
Amount Type Declared Ex-Date Record Pay
$0.1800 Q Regular Sep 10, 2026 Sep 23, 2026 Sep 23, 2026 Sep 30, 2026
$0.1800 Q Regular Jun 11, 2026 Jun 23, 2026 Jun 23, 2026 Jun 30, 2026
$0.1800 Q Regular Mar 12, 2026 Mar 24, 2026 Mar 24, 2026 Mar 31, 2026
$0.1800 Q Regular Dec 08, 2025 Dec 23, 2025 Dec 23, 2025 Dec 30, 2025
$0.1800 Q Regular Sep 11, 2025 Sep 23, 2025 Sep 23, 2025 Sep 30, 2025
$0.1800 Q Regular Jun 12, 2025 Jun 23, 2025 Jun 23, 2025 Jun 30, 2025
$0.1800 Q Regular Mar 13, 2025 Mar 24, 2025 Mar 24, 2025 Mar 31, 2025
$0.1800 Q Regular Dec 12, 2024 Dec 23, 2024 Dec 23, 2024 Dec 30, 2024
$0.1700 Q Regular Sep 11, 2024 Sep 23, 2024 Sep 23, 2024 Sep 30, 2024
$0.1600 Q Regular Jun 11, 2024 Jun 21, 2024 Jun 21, 2024 Jun 28, 2024
$0.1600 Q Regular Mar 07, 2024 Mar 20, 2024 Mar 21, 2024 Mar 28, 2024
$0.1600 Q Regular Dec 07, 2023 Dec 19, 2023 Dec 20, 2023 Dec 28, 2023
$0.1600 Q Regular Sep 12, 2023 Sep 21, 2023 Sep 22, 2023 Sep 29, 2023
$0.1600 Q Regular Jun 13, 2023 Jun 22, 2023 Jun 23, 2023 Jun 30, 2023
$0.2300 Q Regular Mar 14, 2023 Mar 23, 2023 Mar 24, 2023 Mar 31, 2023
$0.2300 Q Regular Dec 08, 2022 Dec 19, 2022 Dec 20, 2022 Dec 28, 2022
$0.2300 Q Regular Sep 13, 2022 Sep 22, 2022 Sep 23, 2022 Sep 30, 2022
$0.2300 Q Regular Jun 09, 2022 Jun 22, 2022 Jun 23, 2022 Jun 30, 2022
$0.2300 Q Regular Mar 14, 2022 Mar 23, 2022 Mar 24, 2022 Mar 31, 2022
$0.2300 Q Regular Dec 07, 2021 Dec 16, 2021 Dec 17, 2021 Dec 28, 2021
$0.2100 Q Regular Sep 13, 2021 Sep 22, 2021 Sep 23, 2021 Sep 30, 2021
$0.1800 Q Regular Jun 10, 2021 Jun 22, 2021 Jun 23, 2021 Jun 30, 2021
$0.1600 Q Regular Mar 10, 2021 Mar 23, 2021 Mar 24, 2021 Mar 31, 2021
$0.1400 Q Regular Dec 07, 2020 Dec 16, 2020 Dec 17, 2020 Dec 29, 2020
$0.1400 Q Regular Sep 11, 2020 Sep 21, 2020 Sep 22, 2020 Sep 29, 2020
$0.1250 Q Regular Jun 11, 2020 Jun 19, 2020 Jun 22, 2020 Jun 29, 2020
$0.3200 Q Regular Feb 27, 2020 Mar 13, 2020 Mar 16, 2020 May 08, 2020
$0.3000 Q Regular Nov 07, 2019 Dec 13, 2019 Dec 16, 2019 Dec 30, 2019
$0.3000 Q Regular Aug 07, 2019 Sep 13, 2019 Sep 16, 2019 Sep 30, 2019
$0.3000 Q Regular May 16, 2019 Jun 13, 2019 Jun 14, 2019 Jun 28, 2019
$0.3000 Q Regular Feb 27, 2019 Mar 14, 2019 Mar 15, 2019 Mar 29, 2019
$0.3000 Q Regular Nov 07, 2018 Dec 13, 2018 Dec 14, 2018 Dec 28, 2018
$0.3000 Q Regular Aug 07, 2018 Sep 13, 2018 Sep 14, 2018 Sep 28, 2018
$0.3000 Q Regular May 22, 2018 Jun 14, 2018 Jun 15, 2018 Jun 29, 2018
$0.2800 Q Regular Feb 22, 2018 Mar 14, 2018 Mar 15, 2018 Mar 29, 2018
$0.2800 Q Regular Nov 06, 2017 Dec 14, 2017 Dec 15, 2017 Dec 28, 2017
$0.2800 Q Regular Aug 03, 2017 Sep 14, 2017 Sep 15, 2017 Sep 29, 2017
$0.2800 Q Regular May 19, 2017 Jun 14, 2017 Jun 16, 2017 Jun 30, 2017
$0.2800 Q Regular Feb 23, 2017 Mar 14, 2017 Mar 16, 2017 Mar 31, 2017
$0.2800 Q Regular Nov 07, 2016 Dec 13, 2016 Dec 15, 2016 Dec 29, 2016
$0.2800 Q Regular Aug 08, 2016 Sep 13, 2016 Sep 15, 2016 Sep 30, 2016
$0.2800 Q Regular May 16, 2016 Jun 14, 2016 Jun 16, 2016 Jun 30, 2016
$0.2800 Q Regular Feb 25, 2016 Mar 14, 2016 Mar 16, 2016 Mar 31, 2016
$0.2800 Q Regular Nov 05, 2015 Dec 15, 2015 Dec 17, 2015 Dec 29, 2015
$0.2800 Q Regular Aug 05, 2015 Sep 11, 2015 Sep 15, 2015 Sep 30, 2015
$0.2800 Q Regular May 19, 2015 Jun 12, 2015 Jun 16, 2015 Jun 30, 2015
$0.2800 Q Regular Feb 23, 2015 Mar 13, 2015 Mar 17, 2015 Mar 31, 2015
$0.2800 Q Regular Nov 06, 2014 Dec 11, 2014 Dec 15, 2014 Dec 29, 2014
$0.2800 Q Regular Aug 07, 2014 Sep 11, 2014 Sep 15, 2014 Sep 30, 2014
$0.2800 Q Regular May 20, 2014 Jun 11, 2014 Jun 13, 2014 Jun 30, 2014
$0.2800 Q Regular Feb 24, 2014 Mar 12, 2014 Mar 14, 2014 Mar 31, 2014
$0.2800 Q Regular Nov 25, 2013 Dec 11, 2013 Dec 13, 2013 Dec 27, 2013
$0.2800 Q Regular Aug 06, 2013 Sep 11, 2013 Sep 13, 2013 Sep 30, 2013
$0.2800 Q Regular May 16, 2013 Jun 12, 2013 Jun 14, 2013 Jun 28, 2013
$0.2800 Q Regular Feb 20, 2013 Mar 13, 2013 Mar 15, 2013 Mar 29, 2013
$0.2500 Q Regular Nov 02, 2012 Dec 12, 2012 Dec 14, 2012 Dec 27, 2012
$0.2500 Q Regular Aug 02, 2012 Sep 12, 2012 Sep 14, 2012 Sep 28, 2012
$0.2500 Q Regular May 21, 2012 Jun 13, 2012 Jun 15, 2012 Jun 29, 2012
$0.2500 Q Regular Feb 22, 2012 Mar 13, 2012 Mar 15, 2012 Mar 30, 2012
$0.2500 Q Regular Nov 14, 2011 Dec 13, 2011 Dec 15, 2011 Dec 27, 2011
$0.2500 Q Regular Sep 09, 2011 Sep 28, 2011 Sep 30, 2011 Oct 21, 2011
$0.2500 Q Regular May 17, 2011 Jun 28, 2011 Jun 30, 2011 Jul 21, 2011
$0.2500 Q Regular Mar 10, 2011 Mar 29, 2011 Mar 31, 2011 Apr 21, 2011
$0.2500 Q Regular Nov 15, 2010 Dec 29, 2010 Dec 31, 2010 Jan 21, 2011
$0.2500 Q Regular Sep 10, 2010 Sep 28, 2010 Sep 30, 2010 Oct 21, 2010
$0.2500 Q Regular May 19, 2010 Jun 28, 2010 Jun 30, 2010 Jul 21, 2010
$0.2500 Q Regular Mar 17, 2010 Mar 29, 2010 Mar 31, 2010 Apr 21, 2010
$0.2500 Q Regular Nov 16, 2009 Dec 29, 2009 Dec 31, 2009 Jan 21, 2010
$0.2500 Q Regular Sep 10, 2009 Sep 28, 2009 Sep 30, 2009 Oct 21, 2009
$0.2500 Q Regular May 20, 2009 Jun 26, 2009 Jun 30, 2009 Jul 21, 2009
$0.2500 Q Regular Mar 18, 2009 Mar 27, 2009 Mar 31, 2009 Apr 21, 2009
$0.7500 Q Regular Nov 10, 2008 Dec 29, 2008 Dec 31, 2008 Jan 21, 2009
$0.7500 Q Regular Aug 21, 2008 Sep 26, 2008 Sep 30, 2008 Oct 21, 2008
$0.7500 Q Regular May 22, 2008 Jun 26, 2008 Jun 30, 2008 Jul 21, 2008
$0.7500 Q Regular Mar 05, 2008 Mar 27, 2008 Mar 31, 2008 Apr 21, 2008
$0.7500 Q Regular Nov 05, 2007 Dec 27, 2007 Dec 31, 2007 Jan 22, 2008
$2.0000 S Regular Nov 05, 2007 Nov 21, 2007 Nov 26, 2007 Dec 07, 2007
$0.7500 Q Regular Aug 22, 2007 Sep 26, 2007 Sep 28, 2007 Oct 22, 2007
$0.7500 Q Regular May 21, 2007 Jun 27, 2007 Jun 29, 2007 Jul 23, 2007
$0.7500 Q Regular Mar 08, 2007 Mar 28, 2007 Mar 30, 2007 Apr 23, 2007
$0.7000 Q Regular Nov 13, 2006 Dec 27, 2006 Dec 29, 2006 Jan 22, 2007
$3.0000 S Regular Nov 13, 2006 Nov 22, 2006 Nov 27, 2006 Dec 08, 2006
$0.7000 Q Regular Aug 24, 2006 Sep 27, 2006 Sep 29, 2006 Oct 23, 2006
$0.7000 Q Regular May 12, 2006 Jun 28, 2006 Jun 30, 2006 Jul 21, 2006
$0.7000 Q Regular Mar 10, 2006 Mar 29, 2006 Mar 31, 2006 Apr 21, 2006
$0.7000 Q Regular Nov 14, 2005 Dec 28, 2005 Dec 30, 2005 Jan 23, 2006
$3.0000 S Regular Nov 14, 2005 Nov 22, 2005 Nov 25, 2005 Dec 09, 2005
$0.7000 Q Regular Aug 26, 2005 Sep 28, 2005 Sep 30, 2005 Oct 21, 2005
$0.7000 Q Regular May 06, 2005 Jun 28, 2005 Jun 30, 2005 Jul 21, 2005
$0.7000 Q Regular Mar 18, 2005 Mar 29, 2005 Mar 31, 2005 Apr 21, 2005
$0.6700 Q Regular Nov 15, 2004 Dec 29, 2004 Dec 31, 2004 Jan 21, 2005
$5.5000 S Regular Nov 15, 2004 Nov 26, 2004 Nov 30, 2004 Dec 10, 2004
$0.6700 Q Regular Aug 20, 2004 Sep 28, 2004 Sep 30, 2004 Oct 21, 2004
$0.6700 Q Regular May 07, 2004 Jun 28, 2004 Jun 30, 2004 Jul 21, 2004
$1.1700 Q Regular Mar 05, 2004 Mar 29, 2004 Mar 31, 2004 Apr 21, 2004
$0.6500 Q Regular Nov 10, 2003 Dec 29, 2003 Dec 31, 2003 Jan 21, 2004
$4.7500 S Regular Nov 11, 2003 Nov 25, 2003 Nov 28, 2003 Dec 05, 2003
$0.6500 Q Regular Aug 08, 2003 Sep 26, 2003 Sep 30, 2003 Oct 21, 2003
$0.6500 Q Regular May 09, 2003 Jun 26, 2003 Jun 30, 2003 Jul 21, 2003
$0.6500 Q Regular Mar 21, 2003 Mar 27, 2003 Mar 31, 2003 Apr 21, 2003
$0.6300 Q Regular Nov 12, 2002 Dec 27, 2002 Dec 31, 2002 Jan 21, 2003
$0.7550 Q Regular Aug 09, 2002 Sep 26, 2002 Sep 30, 2002 Oct 21, 2002
$0.7550 Q Regular May 10, 2002 Jun 26, 2002 Jun 28, 2002 Jul 22, 2002
$0.6200 Q Regular Mar 22, 2002 Mar 26, 2002 Mar 29, 2002 Apr 22, 2002
$0.6000 Q Regular Nov 07, 2001 Dec 27, 2001 Dec 31, 2001 Jan 21, 2002
$0.1500 M Regular Nov 07, 2001 Nov 13, 2001 Nov 15, 2001 Nov 30, 2001
$0.5700 M Regular Aug 10, 2001 Sep 26, 2001 Sep 28, 2001 Oct 22, 2001
$0.1800 M Regular Aug 10, 2001 Aug 16, 2001 Aug 20, 2001 Aug 31, 2001
$0.5500 Q Regular May 25, 2001 Jun 27, 2001 Jun 29, 2001 Jul 23, 2001
$0.5000 Q Regular Mar 16, 2001 Mar 28, 2001 Mar 30, 2001 Apr 23, 2001
$0.4400 Q Regular Nov 14, 2000 Dec 27, 2000 Dec 29, 2000 Jan 22, 2001
$0.4200 Q Regular Aug 14, 2000 Sep 27, 2000 Sep 29, 2000 Oct 23, 2000
$0.4000 Q Regular May 11, 2000 Jun 28, 2000 Jun 30, 2000 Jul 21, 2000
$0.3500 Q Regular Mar 09, 2000 Mar 29, 2000 Mar 31, 2000 Apr 21, 2000
$0.2500 Q Regular Dec 21, 1999 Dec 29, 1999 Dec 31, 1999 Jan 21, 2000
$0.1500 S Regular Oct 29, 1999 Nov 04, 1999 Nov 08, 1999 Nov 22, 1999
$0.0100 Q Regular Jul 27, 1998 Aug 04, 1998 Aug 06, 1998 Aug 21, 1998
$0.2700 Q Regular Apr 27, 1998 May 05, 1998 May 07, 1998 May 21, 1998
$0.3500 Q Regular Dec 12, 1997 Dec 29, 1997 Dec 31, 1997 Jan 21, 1998
$0.6000 Q Regular Sep 08, 1997 Sep 26, 1997 Sep 30, 1997 Oct 21, 1997

Peer Comparison

Selected REIT - Mortgage dividend payers we cover, strongest DividendRank first — for context, not a recommendation.

TickerNameYield5-Yr GrowthStreakRank
KREF KKR Real Estate Finance Trust Inc. 5.59% -10.3% 0 yrs 60
MFA MFA Financial, Inc. 16.82% 2.1% 1 yr 55
RC Ready Capital Corporation 2.44% -21.6% 0 yrs 55
LFT Lument Finance Trust, Inc. 2.40% -30.8% 0 yrs 55

Related Guides & Lists

RWT dividend — frequently asked questions

Does Redwood Trust, Inc. pay a dividend?

Yes. Redwood Trust, Inc. (RWT) currently pays a dividend. The annualized dividend is about $0.72 per share, a yield of approximately 20.28%.

What is Redwood Trust, Inc.'s dividend yield?

Redwood Trust, Inc.'s dividend yield is approximately 20.28%, based on the most recent regular payment annualized against the current share price. Yields move as the share price changes.

How often does Redwood Trust, Inc. pay dividends?

Redwood Trust, Inc. pays dividends quarterly — 4 times per year.

When is Redwood Trust, Inc.'s next ex-dividend date?

The next ex-dividend date on record for Redwood Trust, Inc. is September 23, 2026. The associated payment is $0.1800 per share; you must own the shares before the ex-dividend date to receive it.

How long has Redwood Trust, Inc. paid dividends?

Redwood Trust, Inc. has 31 years of dividend payments on record.

Data updated Sep 13, 2026. This research page is generated from Dividendly's structured market and dividend dataset using the approach described on our methodology and data sources pages. Data is automatically validated using defined rules and may also be periodically reviewed. Research only, not investment advice. Spotted a data error? Report it.

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