Redwood Trust, Inc. (RWT) Dividend
Redwood Trust, Inc. (RWT) currently pays a dividend yield of 23.08%, distributing $0.72 per share annually ($0.18 per quarter). The company operates in the Real Estate sector.
RWT has raised its dividend for 2 consecutive years.
RWT dividend at a glance
| Dividend Yield | 23.08% |
|---|---|
| Annual Dividend | $0.72 per share |
| Per Payment | $0.18 |
| Payout Frequency | Quarterly |
| Payments per Year | 4 |
| Next Ex-Dividend Date | December 23, 2026 |
| Next Payment Date | December 30, 2026 |
| Payout Ratio | 329% |
| Consecutive Years of Dividend Growth | 2 |
| Sector | Real Estate |
| Implied Share Price (from yield) | $3.12 |
What RWT pays on a $10,000 investment
At a 23.08% yield, $10,000 invested in RWT generates about $2,308.00 per year, or roughly $577.00 every quarter. Share counts below use an implied price of $3.12, derived from the $0.72 annual dividend and the 23.08% yield.
| Amount Invested | Approx. Shares | Annual Dividend Income | Income per Quarter |
|---|---|---|---|
| $1,000 | 320.6 | $230.80 | $57.70 |
| $5,000 | 1,602.8 | $1,154.00 | $288.50 |
| $10,000 | 3,205.6 | $2,308.00 | $577.00 |
| $25,000 | 8,013.9 | $5,770.00 | $1,442.50 |
| $100,000 | 32,055.6 | $23,080.00 | $5,770.00 |
These figures assume the dividend and share price stay where they are today. They do not account for taxes, dividend cuts, price movement, or reinvestment. If you reinvest instead of taking the cash, the share count grows each quarter — see how the dividend snowball compounds.
RWT dividend payment schedule
RWT pays on a quarterly schedule — 4 payments a year. The next confirmed ex-dividend date is December 23, 2026, with payment on December 30, 2026. Later rows are projected forward at the same interval and will shift when Redwood Trust, Inc. declares each dividend.
| Ex-Dividend Date | Payment Date | Amount per Share | Status |
|---|---|---|---|
| December 23, 2026 | December 30, 2026 | $0.18 | Confirmed |
| March 23, 2027 | March 30, 2027 | $0.18 | Projected |
| June 23, 2027 | June 30, 2027 | $0.18 | Projected |
| September 23, 2027 | September 30, 2027 | $0.18 | Projected |
To collect a RWT dividend you must own the shares before the ex-dividend date. Buy on the ex-date itself and the previous owner keeps that payment. Read how ex-dividend, record, and payment dates fit together.
How RWT's dividend compares
Across the 1000 dividend stocks and ETFs DivTrkr tracks, the median yield is 3.57%. RWT's 23.08% is 19.51 percentage points above that median, ranking 102nd of 1000 by yield.
Within Real Estate, where we track 87 names, the median yield is 6.39% — putting RWT above its sector. A yield well above the sector norm is worth a second look: it can signal a depressed share price rather than a generous payout.
Its 2-year run of dividend increases ranks 428th out of the 553 names in our data with an active growth streak.
What the numbers mean
RWT pays out roughly 329% of its earnings as dividends. That is a high payout ratio. The dividend is consuming most of reported earnings, which is normal for REITs and some funds but a caution flag elsewhere.
Like most US dividend payers, RWT distributes quarterly, so a full year of ownership produces four payments.
Whether these payments are taxed at the lower qualified rate or as ordinary income depends on how long you hold the shares and what kind of company pays them. See the qualified vs. ordinary dividend rules.
RWT dividend FAQ
When is the next RWT ex-dividend date?
The next RWT ex-dividend date is December 23, 2026, with the payment scheduled for December 30, 2026. You must own shares before the ex-dividend date to receive that payment.
What is RWT's dividend yield?
RWT currently yields 23.08%, based on $0.72 in dividends per share over the past year.
How often does RWT pay dividends?
RWT pays quarterly, which works out to 4 payments per year of about $0.18 per share.
How much dividend income would $10,000 of RWT generate?
At the current 23.08% yield, $10,000 invested in RWT would produce roughly $2,308.00 per year, or about $577.00 per quarter, before taxes and assuming the dividend holds.
Has RWT increased its dividend?
Yes — RWT has raised its dividend for 2 consecutive years.
RWT dividend history
DivTrkr holds 126 recorded RWT dividend payments going back to 1996, with 2 consecutive complete years of increases and +5.2% a year of growth over the last five complete years. See the full RWT dividend history — every payment, annual totals and growth by year.
Related dividend stocks
Other Real Estate dividend payers
- IVR — Invesco Mortgage Capital dividend (26.09%)
- ABR — Arbor Realty Trust, Inc. dividend (22.97%)
- ARR — ARMOUR Residential REIT dividend (22.70%)
- ORC — Orchid Island Capital, Inc. dividend (22.26%)
- MFA — MFA Financial, Inc. dividend (21.75%)
- SUNS — Sunrise Realty Trust, Inc. dividend (18.90%)
- DX — Dynex Capital, Inc. dividend (18.46%)
- SEVN — Seven Hills Realty Trust dividend (18.15%)
Similar yields to RWT
- ABR — Arbor Realty Trust, Inc. dividend (22.97%)
- OBDC — Blue Owl Capital Corporation dividend (22.90%)
- BCAT — BlackRock Capital Allocation Term Trust dividend (22.73%)
- ARR — ARMOUR Residential REIT dividend (22.70%)
- ORC — Orchid Island Capital, Inc. dividend (22.26%)
- IGME — Bitwise GME Option Income Strategy ETF dividend (23.90%)
Track RWT dividends free with DivTrkr — see exactly what your own position pays, and when. Also browse the full dividend calendar or the A–Z list of dividend stocks.