MILL VALLEY, Calif.,
Nov. 7, 2019 /PRNewswire/ -- Redwood
Trust, Inc. (NYSE: RWT), a leading innovator in housing credit
investing, today announced that its Board of Directors authorized
the declaration of a fourth quarter regular dividend of
$0.30 per share. The fourth quarter
2019 dividend is payable on December 30,
2019 to stockholders of record on December 16, 2019.
"The payment of regular dividends is an important element of
Redwood's commitment to delivering value to our shareholders. Our
fourth quarter 2019 dividend will mark our 82nd
consecutive quarterly distribution," said Christopher J. Abate, Redwood's Chief Executive
Officer.
For more information about Redwood Trust, Inc., please visit our
website at: www.redwoodtrust.com.
About Redwood Trust
Redwood Trust, Inc. (NYSE: RWT) is
a specialty finance company focused on making credit-sensitive
investments in residential mortgages and related assets and
engaging in mortgage banking activities. Our goal is to provide
attractive returns to shareholders through a stable and growing
stream of earnings and dividends, as well as through capital
appreciation. Redwood Trust was established in 1994, is internally
managed, and structured as a real estate investment trust ("REIT")
for tax purposes. For more information about Redwood, please visit
our website at www.redwoodtrust.com.
CONTACT
Lisa Hartman –
SVP, Head of Investor Relations
Phone: 866-269-4976
Email: investorrelations@redwoodtrust.com
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SOURCE Redwood Trust, Inc.