RWT Dividend History & Analysis | 13.6% Yield

RWT has a dividend yield of 13.6% and paid 0.72 USD per share in the last 12M. Complete payout history, full analyses and peer comparison.

Yield 12m 13.56%
Payout Ratio 138.5%
Growth Rate CAGR 5y -7%
Consistency Lifetime 93.8%
Yield on Cost 5y 10.2%
Payout FCF -
Streak Years 1
Dividend Rating 34.2%
Chowder Number yield + growth 6.6% below 12% target for healthy growth
Yield vs Average 5y +33.4% avg 10.16% vs now 13.56%
Debt / EBITDA leverage -
Income per 10k invested 1,356 USD per year
Dividends Cash Amount per Share Yearly RWT annual dividends paid per share, showing the total cash Redwood Trust distributed to shareholders each year.
Dividend Growth Year over Year RWT year-over-year dividend growth rate, showing how Redwood Trust's dividend per share increased or decreased each year compared to the prior year.
Price and Yield per Payout History RWT dividend yield history versus share price over the past 5 years, showing how Redwood Trust's payout yield moved at each dividend payment relative to its stock price.
┅┅ Payout Yield (right) Price (left)

Top Dividend Payers in Mortgage REITs

Top 9 Dividend Yields of Peer-Group
SYMBOL MARKET CAP USD YIELD TTM YIELD ON COST 5y
ARI NYSE
Apollo Commercial Real
1,347 M 42.86% 77.38%
DX NYSE
Dynex Capital
2,834 M 15.63% 20.87%
MFA NYSE
MFA Financial
946 M 15.44% 15.22%
AGNC NASDAQ
AGNC Investment
12,822 M 13.87% 16.97%
NLY NYSE
Annaly Capital Management
16,839 M 13.33% 15.68%
EFC NYSE
Ellington Financial
1,690 M 11.90% 15.91%
TRTX NYSE
TPG RE Finance Trust
651 M 11.46% 12.66%
STWD NYSE
Starwood Property Trust
6,257 M 10.85% 11.79%
LADR NYSE
Ladder Capital
1,238 M 8.82% 12.19%
Top 3 Dividend Growth Rates of Peer-Group
SYMBOL MARKET CAP USD GROWTH RATE CONSISTENCY
DX NYSE
Dynex Capital
2,834 M 7.60% 98.0%
LADR NYSE
Ladder Capital
1,238 M 1.77% 98.3%
ARI NYSE
Apollo Commercial Real
1,347 M 0.80% 92.6%

RWT Dividend History

Dividend Monthly Return EX date, 4.8 years of data

Jan - -
Feb - -
Mar 2.97% 100
Apr - -
May - -
Jun 3.08% 100
Jul - -
Aug - -
Sep 2.52% 100
Oct - -
Nov - -
Dec 2.62% 100

Average monthly dividend return by ex-dividend date. The score below shows reliability based on how consistently dividends were paid in that month.

Last 20 Payments (USD) as of July 2026
EX-DATE RECORD PAYMENT PERIOD DIV/SHARE GROWTH PAYOUT YIELD
2026-06-23 2026-06-23 2026-06-30 Quarterly 0.18 0% 3.73%
2026-03-24 2026-03-24 2026-03-31 Quarterly 0.18 0% 3.44%
2025-12-23 2025-12-23 2025-12-30 Quarterly 0.18 0% 3.24%
2025-09-23 2025-09-23 2025-09-30 Quarterly 0.18 0% 3.16%
2025-06-23 2025-06-23 2025-06-30 Quarterly 0.18 0% 3.3%
2025-03-24 2025-03-24 2025-03-31 Quarterly 0.18 0% 2.9%
2024-12-23 2024-12-23 2024-12-30 Quarterly 0.18 +5.9% 2.74%
2024-09-23 2024-09-23 2024-09-30 Quarterly 0.17 +6.3% 2.19%
2024-06-21 2024-06-21 2024-06-28 Quarterly 0.16 0% 2.52%
2024-03-20 2024-03-21 2024-03-28 Quarterly 0.16 0% 2.69%
2023-12-19 2023-12-20 2023-12-28 Quarterly 0.16 0% 2.16%
2023-09-21 2023-09-22 2023-09-29 Quarterly 0.16 0% 2.19%
2023-06-22 2023-06-23 2023-06-30 Quarterly 0.16 -30.4% 2.54%
2023-03-23 2023-03-24 2023-03-31 Quarterly 0.23 0% 3.64%
2022-12-19 2022-12-20 2022-12-28 Quarterly 0.23 0% 3.27%
2022-09-22 2022-09-23 2022-09-30 Quarterly 0.23 0% 3.37%
2022-06-22 2022-06-23 2022-06-30 Quarterly 0.23 0% 3.31%
2022-03-23 2022-03-24 2022-03-31 Quarterly 0.23 0% 2.18%
2021-12-16 2021-12-17 2021-12-28 Quarterly 0.23 +9.5% 1.72%
2021-09-22 2021-09-23 2021-09-30 Quarterly 0.21 0% 1.69%

RWT Dividend FAQ

What is the Dividend Yield of RWT?

As of July 2026, RWT's dividend yield is 13.56%. This is calculated by dividing the trailing 12-month dividend rate (TTM rate) of 0.72 USD by the current share price of 5.10.

Does RWT pay a dividend?

As of July 2026, RWT paid a dividend of 0.72 USD in the last 12 months. The last dividend was paid on 2026-06-23 and the payout was 0.18 USD.

How often does RWT pay dividends?

RWT pays dividends quarterly. Over the last 12 months, RWT has issued 4 dividend payments. The last dividend payment was made on 2026-06-23.

RWT dividend forecast

Based on historical data, the forecasted dividends per share for RWT for the next payments are between 0.153 (-15.0%) and 0.16 (-11.1%). This represents a significant dividend cut compared to the last payment. The expected Yield for the next 12 months is about 12.3%.

Will RWT pay dividends in 2026?

The latest dividend paid per share was 0.18 USD with an Ex-Dividend Date of 2026-06-23. The next Ex-Dividend date for Redwood Trust (RWT) is currently unknown.

What is the next Ex-Dividend Date for RWT?

The next Ex-Dividend date for Redwood Trust (RWT) is currently unknown. We automatically update the next Ex-Dividend date when it is announced.

What is the Dividend Growth of RWT?

RWT's average dividend growth rate over the past 5 years is -6.97% per year. Negative growth: RWT's dividend growth is negative and declining.

What is the Yield on Cost of RWT?

RWT's 5-Year Yield on Cost is 10.2%. If you bought RWT's shares at 7.08 USD five years ago, your current annual dividend income (0.72 USD per share, trailing 12 months) equals 10.2% of your original purchase price.

What is the Payout Consistency of RWT?

RWT Payout Consistency is 93.8%. The payout consistency is a proprietary measure of how consistently a company has paid dividends over its lifetime and blends growth rate, number of dividend payments, interruptions or lowering dividends into one number. Very consistent: Redwood Trust has a strong track record of consistent dividend payments over its lifetime.

Does RWT have a good Dividend Yield?

RWT's 13.56% Dividend Yield is considered as extremely high. Investors should watch out for NAV decline.

What is the Dividend Payout Ratio of RWT?

The Dividend Payout Ratio of RWT is 138.5%. Dangerously high - this is usually not sustainable and may lead to a dividend cut or NAV decline.

What is the Dividend Rating of RWT?

RWT's Overall Dividend Rating is 34.19%. Ratings surpassing 65% are regarded as acceptable, exceeding 75% are favorable and surpassing 85% are strong.

RWT Outstanding Shares Analysis

The Chart shows the outstanding shares over time per year.
What is the Trend in RWT's Outstanding Shares?

Redwood Trust's outstanding shares have increased by approximately 3.18% annually over the past 3 years (Trend Reliability: 2.2%). Watch carefully: The company is issuing new shares, diluting existing shareholders. Dividend growth may lag earnings growth as payouts are spread across more shares.

Has RWT ever had a Stock Split?

No stock splits on record. The share count changes shown above reflect buybacks, new issuance, or employee compensation rather than structural splits.

YEAR NUMBER OF SHARES ANNUAL GROWTH RATE
1994 208,000 0%
1995 4,167,000 +1903.37%
1996 12,075,000 +189.78%
1997 14,118,000 +16.92%
1998 10,741,000 -23.92%
1999 8,785,000 -18.21%
2000 8,839,000 +0.61%
2001 13,658,400 +54.52%
2002 16,413,000 +20.17%
2003 19,427,000 +18.36%
2004 24,357,000 +25.38%
2005 25,202,000 +3.47%
2006 26,856,000 +6.56%
2007 32,511,000 +21.06%
2008 53,632,000 +64.97%
2009 77,677,000 +44.83%
2010 78,027,800 +0.45%
2011 78,397,000 +0.47%
2012 81,706,000 +4.22%
2013 84,395,000 +3.29%
2014 85,384,000 +1.17%
2015 76,627,000 -10.26%
2016 85,838,000 +12.02%
2017 109,621,000 +27.71%
2018 84,884,000 -22.57%
2019 152,983,000 +80.23%
2020 111,904,300 -26.85%
2021 143,540,000 +28.27%
2022 113,363,000 -21.02%
2023 116,283,000 +2.58%
2024 132,294,000 +13.77%
2025 126,570,000 -4.33%
2026 124,769,000 -1.42%

Key Metric Definitions

Dividend Yield

Annual dividend per share divided by current share price.

Payout Ratio

Percentage of earnings paid as dividends. Below 60% = safe, above 100% = unsustainable.

Payout FCF

Percentage of Free Cash Flow paid as dividends. More reliable than Payout Ratio since it measures actual cash.

Growth Rate (CAGR)

Compound annual growth rate of dividends over the last 5 years.

Consistency

Reliability of dividend payments over lifetime. Penalizes cuts and pauses.

Yield on Cost

Your effective yield if you bought 5 years ago. Shows dividend growth impact over time.

Streak

Consecutive years of dividend payments. 25+ years = Dividend Aristocrat.

Dividend Rating

Proprietary score (0-100) combining yield, growth, safety and consistency.

Last update: 2026-07-09 02:38 UTC