STWD Dividend History & Analysis | 10% Yield

STWD has a dividend yield of 10% and paid 1.92 USD per share in the last 12M. Complete payout history, full analyses and peer comparison.

Yield 12m 9.97%
Payout Ratio 112.3%
Growth Rate CAGR 5y -
Consistency Lifetime 93.8%
Yield on Cost 5y 15.95%
Payout FCF 104.8%
Streak Years 17
Dividend Rating 60.05%

Dividends Cash Amount per Share Yearly

This chart shows the yearly cash amount paid as dividends per share. The exact values for each year can be found in the structured dataset with the html-id #yearly_dividend_dataset below.
Dividend Growth Year over Year This chart shows the annual dividend growth rate compared to the previous year.
5 Years Chart with Price and Dividend Yield This chart shows the dividend yield and price over time. Price is displayed as gray area (left axis), yield as dark blue line (right axis), and average yield as orange dashed line.

Top Dividend Payers in Mortgage REITs

Top 5 Dividend Yields of Peer-Group
Symbol Market Cap USD Dividend Yield TTM Yield on Cost 5y
DX 2,147 M 18.0% 20.9%
AGNC 12,712 M 14.8% 18.9%
MFA 1,027 M 15.1% 18.2%
EFC 1,487 M 11.8% 20.4%
NLY 16,297 M 13.8% 16.3%
Top 5 Dividend Growth Rates of Peer-Group
Symbol Market Cap USD Growth Rate Consistency
MFA 1,027 M 39.1% 86.6%
NLY 16,297 M 33.6% 88.5%
IVR 638 M 40.9% 84.4%
ARR 2,067 M 24.5% 81.7%
TWO 1,417 M 24.4% 85.8%

STWD Dividend History: Last 50 Payments (USD) as of January 2026

Ex-Dividend Date Record Date Payment Date Period Dividend per Share Dividend Growth Rate QoQ Payout Yield
2025-12-31 2025-12-31 2026-01-15 Quarterly 0.48 0% 2.64%
2025-09-30 2025-09-30 2025-10-15 Quarterly 0.48 0% 2.47%
2025-06-30 2025-06-30 2025-07-15 Quarterly 0.48 0% 2.39%
2025-03-31 2025-03-31 2025-04-15 Quarterly 0.48 0% 2.49%
2024-12-31 2024-12-31 2025-01-15 Quarterly 0.48 0% 2.54%
2024-09-30 2024-09-30 2024-10-15 Quarterly 0.48 0% 2.37%
2024-06-28 2024-06-28 2024-07-15 Quarterly 0.48 0% 2.55%
2024-03-27 2024-03-29 2024-04-15 Quarterly 0.48 0% 2.41%
2023-12-28 2023-12-29 2024-01-15 Quarterly 0.48 0% 2.24%
2023-09-28 2023-09-30 2023-10-16 Quarterly 0.48 0% 2.52%
2023-06-29 2023-06-30 2023-07-17 Quarterly 0.48 0% 2.53%
2023-03-30 2023-03-31 2023-04-14 Quarterly 0.48 0% 2.8%
2022-12-29 2022-12-30 2023-01-13 Quarterly 0.48 0% 2.63%
2022-09-29 2022-09-30 2022-10-14 Quarterly 0.48 0% 2.44%
2022-06-29 2022-06-30 2022-07-15 Quarterly 0.48 0% 2.25%
2022-03-30 2022-03-31 2022-04-15 Quarterly 0.48 0% 1.98%
2021-12-30 2021-12-31 2022-01-14 Quarterly 0.48 0% 1.96%
2021-09-29 2021-09-30 2021-10-15 Quarterly 0.48 0% 1.91%
2021-06-29 2021-06-30 2021-07-15 Quarterly 0.48 0% 1.83%
2021-03-30 2021-03-31 2021-04-15 Quarterly 0.48 0% 1.98%
2020-12-30 2020-12-31 2021-01-15 Quarterly 0.48 0% N/A
2020-09-29 2020-09-30 2020-10-15 Quarterly 0.48 0% N/A
2020-06-29 2020-06-30 2020-07-15 Quarterly 0.48 0% N/A
2020-03-30 2020-03-31 2020-04-15 Quarterly 0.48 0% N/A
2019-12-30 2019-12-31 2020-01-15 Quarterly 0.48 0% N/A
2019-09-27 2019-09-30 2019-10-15 Quarterly 0.48 0% N/A
2019-06-27 2019-06-28 2019-07-15 Quarterly 0.48 0% N/A
2019-03-28 2019-03-29 2019-04-15 Quarterly 0.48 0% N/A
2018-12-28 2018-12-31 2019-01-15 Quarterly 0.48 0% N/A
2018-09-27 2018-09-28 2018-10-15 Quarterly 0.48 0% N/A
2018-06-28 2018-06-29 2018-07-13 Quarterly 0.48 0% N/A
2018-03-28 2018-03-30 2018-04-13 Quarterly 0.48 0% N/A
2017-12-28 2017-12-29 2018-01-15 Quarterly 0.48 0% N/A
2017-09-28 2017-09-29 2017-10-13 Quarterly 0.48 0% N/A
2017-06-28 2017-06-30 2017-07-14 Quarterly 0.48 0% N/A
2017-03-29 2017-03-31 2017-04-14 Quarterly 0.48 0% N/A
2016-12-28 2016-12-30 2017-01-13 Quarterly 0.48 0% N/A
2016-09-28 2016-09-30 2016-10-17 Quarterly 0.48 0% N/A
2016-06-28 2016-06-30 2016-07-15 Quarterly 0.48 0% N/A
2016-03-29 2016-03-31 2016-04-15 Quarterly 0.48 0% N/A
2015-12-29 2015-12-31 2016-01-15 Quarterly 0.48 0% N/A
2015-09-28 2015-09-30 2015-10-15 Quarterly 0.48 0% N/A
2015-06-26 2015-06-30 2015-07-15 Quarterly 0.48 0% N/A
2015-03-27 2015-03-31 2015-04-15 Quarterly 0.48 0% N/A
2014-12-29 2014-12-31 2015-01-15 Quarterly 0.48 0% N/A
2014-09-26 2014-09-30 2014-10-15 Quarterly 0.48 0% N/A
2014-06-26 2014-06-30 2014-07-15 Quarterly 0.48 0% N/A
2014-03-27 2014-03-31 2014-04-15 Quarterly 0.48 4.3% N/A
2013-12-27 2013-12-31 2014-01-15 Quarterly 0.46 0% N/A
2013-09-26 2013-09-30 2013-10-15 Quarterly 0.46 0% N/A

STWD Dividend FAQ

Starwood Property Trust, Inc. (STWD) is a U.S.-based REIT that generates earnings from four distinct segments: (1) Commercial and Residential Lending – originating and managing a broad spectrum of mortgage-backed assets, including first-mortgage loans, non-agency residential loans, mezzanine debt, preferred equity, and CMBS; (2) Infrastructure Lending – providing debt financing to infrastructure projects; (3) Property – acquiring and operating equity stakes in stabilized or value-add commercial real-estate, notably multifamily assets; and (4) Investing and Servicing – working out problem assets, managing unrated and investment-grade CMBS, and originating conduit loans for securitization. The REIT structure obligates STWD to distribute ≥90 % of taxable income to avoid corporate tax.

What is the Dividend Yield of STWD?

As of January 2026, STWD`s dividend yield is 9.97%. This is calculated by dividing the trailing 12-month dividend rate (TTM rate) of 1.92 USD by the current share price of 18.20.

Does STWD pay a dividend?

As of January 2026, STWD paid a dividend of 1.92 USD in the last 12 months. The last dividend was paid on 2025-12-31 and the payout was 0.48 USD.

How often does STWD pay dividends?

STWD pays dividends quarterly. Over the last 12 months, STWD has issued 4 dividend payments. The last dividend payment was made on 2025-12-31.

STWD dividend forecast

Based on historical data, the forecasted dividends per share for STWD for the next 4 payments are between 0.478 (-0.4%) and 0.484 (+0.8%).
This suggests the dividend will remain relatively stable.

Will STWD pay dividends in 2026?

The latest dividend paid per share was 0.48 USD with an Ex-Dividend Date of 2025-12-31. The next Ex-Dividend date for Starwood Property Trust (STWD) is currently unknown.

What is the next Ex-Dividend Date for STWD?

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

What is the Dividend Growth of STWD?

STWD's average dividend growth rate over the past 5 years is 0.00% per year.

What is the Yield on Cost of STWD?

STWD's 5-Year Yield on Cost is 16.0%. If you bought STWD's shares at 12.04 USD five years ago, your current annual dividend income (1.92 USD per share, trailing 12 months) equals 16.0% of your original purchase price.

What is the Payout Consistency of STWD?

STWD 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: Starwood Property Trust has a strong track record of consistent dividend payments over its lifetime.

Does STWD have a good Dividend Yield?

STWD`s 9.97% Dividend Yield is considered as very high. This is usually only sustainable for REITs, Asset Managements, MLPs or Covered Call ETFs.

What is the Dividend Payout Ratio of STWD?

The Dividend Payout Ratio of STWD is 112.3%. Dangerously high - this is usually not sustainable and may lead to a dividend cut or NAV decline.

What is the Dividend Rating of STWD?

STWD`s Overall Dividend Rating is 60.05%. Ratings surpassing 65% are regarded as acceptable, exceeding 75% are favorable and surpassing 85% are strong.

STWD Outstanding Shares Analysis

What is the Trend in STWD's Outstanding Shares?

Starwood Property Trust's outstanding shares have increased by approximately 3.72% annually over the past 3 years (Trend Reliability: 33.3%).

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 STWD ever had a Stock Split?

Yes, the last stock split was on Feb 3, 2014 with a ratio of 12402:10000.

This was a forward split: Each share became 1.24 shares, lowering the price proportionally. The dividend per share was also adjusted downward by the same ratio, so total dividend income remained unchanged.

Year Number of Shares Annual Growth Rate
2009 47,600,000
2010 71,013,400 +49.19%
2011 93,166,900 +31.2%
2012 135,479,500 +45.42%
2013 195,524,000 +44.32%
2014 223,541,000 +14.33%
2015 236,556,000 +5.82%
2016 258,997,000 +9.49%
2017 261,955,200 +1.14%
2018 275,659,600 +5.23%
2019 286,448,300 +3.91%
2020 282,596,000 -1.34%
2021 304,820,300 +7.86%
2022 318,243,200 +4.4%
2023 313,366,100 -1.53%
2024 337,409,700 +7.67%
2025 337,145,000 -0.08%

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: 2026-01-27 02:41