**Redwood Trust Announces Dividend Declarations for Fourth Quarter 2024**

Redwood Trust, Inc. (NYSE:RWT) recently declared its common and preferred stock dividends for the fourth quarter of 2024. The announcement was made in a press release issued on December 12, 2024.

For the fourth quarter of 2024, the Board of Directors approved a regular common stock dividend of $0.18 per share. This marks a 5.9% increase from the third quarter of 2024 and represents the Company’s 102nd consecutive quarterly common dividend. The dividend is scheduled to be paid on December 30, 2024, to stockholders of record as of December 23, 2024.

Additionally, in compliance with the terms of the 10.00% Series A Fixed-Rate Reset Cumulative Redeemable Preferred Stock (“Series A”), the Board declared a Series A dividend of $0.625 per share for the fourth quarter of 2024. Shareholders of record on January 1, 2025, will receive this dividend on January 15, 2025.

Christopher Abate, the Chief Executive Officer of Redwood Trust, expressed satisfaction with the common stock dividend increase, highlighting the Company’s commitment to providing an attractive risk-adjusted return to shareholders. Abate noted that future quarterly dividends would be reviewed by the Board, considering factors such as financial and capital position, investment opportunities, and outlook.

It is important to note that the information shared in the press release is furnished and not filed with the Securities and Exchange Commission. As such, it will not be incorporated by reference into any registration statement or other document, except as expressly set forth by specific reference in such filing.

Redwood Trust, Inc. operates as a specialty finance company, focusing on various housing credit segments to provide liquidity in the U.S. housing market. The Company aims to offer customized housing credit investments to a diverse investor base through its securitization platforms and whole-loan distribution activities.

Forward-looking statements included in the press release are made under the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. These statements involve inherent risks and uncertainties that may cause actual results to differ from expectations.

For more details on Redwood Trust, Inc. and its operations, visit the Company’s official website or engage with them on LinkedIn.

This concludes the highlights from the recent dividend declarations by Redwood Trust, Inc. as outlined in their press release dated December 12, 2024.

This article was generated by an automated content engine and was reviewed by a human editor prior to publication. For additional information, read Redwood Trust’s 8K filing here.

About Redwood Trust

Redwood Trust, Inc, together with its subsidiaries, operates as a specialty finance company in the United States. The company operates through three segments: Residential Consumer Mortgage Banking, Residential Investor Mortgage Banking, and Investment Portfolio. The Residential Consumer Mortgage Banking segment operates a mortgage loan conduit that acquires residential loans from third-party originators for subsequent sale, securitization, or transfer to its investment portfolio.