Redwood Trust, Inc. · RWT · NYSE
Dividend report · updated Nov 12, 2026
$2.85 -3.72% on the day, -$0.11
RWT stock page: price, charts & signals →
UnlockDividend Safety Rating: paid plans onlyDividend Safety Rating: paid plans only Is RWT’s dividend Very Safe or High Risk? 7 checks scored. Payout ratio, raise streak, recession record and 4 more. Show the rating
Yearly payout / yield
$0.72·25.26%
$0.18 quarterly x 4 ⓘ
Next payment
~$0.18/qtr
pays ~Dec 25 (est.) ⓘ
Next ex-date
Dec 23est.
own by Dec 22 ⓘ
Years without a cut
2 yrs
raised last year ⓘ
Paying since
1996
126 payments on file
Yield vs history ⓘ
85
Well above its usual yield
RWT share price & total return
Daily closing price, adjusted for stock splits.
RWT stock page »All dividend lists »Build a portfolio around RWT »
DSRSimilar stocksHistoryPayoutsFAQ
Last 20 payments
RWT Dividend Growth (CAGR)
1Y 0.0%3Y +4.0%5Y -3.0%10Y -4.3%
Per-share amount, by the date it paid (~ = about, from its usual pay gap). The enlarge button shows all 126 payments since 1996.
Annual dividends and growth
Total paid per share in each calendar year. 2026: the solid bar is paid so far; the dashed box on top is expected (1 estimated from the current $0.18 rate), not a promise.
Next 5 years if the pace holds
If the recent pace holds — one-off jumps left out. Not a forecast. Pace: +5.88% a year, its typical raise over the last 5 years. From 2029 it slows by a quarter each year, to no less than 5%. Today's $0.72 a year would be $0.93 by 2031 - 32.79% on today's $2.85 price.

How Many RWT Shares for $500 or $1,000 a Month?

At $0.72 a share a year, $500 a month takes about 8,334 RWT shares, about $23,752 at the Nov 12, 2026 close of $2.85. $1,000 a month takes about 16,667 shares, about $47,501. Before taxes, and only while the rate holds.

Redwood Trust (RWT) pays $0.18 a share quarterly, $0.72 a year, a 25.26% run-rate yield at the Nov 12, 2026 close of $2.85. It has paid since 1996 and raised its annual dividend 1 years in a row.

At today’s rate of $0.18 quarterly and the last close of $2.85, this is what RWT pays before taxes, if the rate stays where it is:

You holdEach paymentPer month (avg)Per year
1 share$0.18$0.06$0.72
100 shares$18.00$6.00$72.00
$10,000 invested (3,508.8 shares)$631.58$210.53$2,526.32
8,334 shares ($500/mo)$1,500.12$500.04$6,000.48
16,667 shares ($1,000/mo)$3,000.06$1,000.02$12,000.24

With DRIP on, every payment buys more shares instead of landing as cash. 100 RWT shares reinvest into 6.32 new shares each payment, about 27.8 new shares a year at today’s price and rate, and each new share collects the next payment too. To DRIP one whole new share every payment you need about 16 shares. Raises speed that up; a falling share price buys more shares per payment, but each is worth less. See the snowball over 10 to 30 years with RWT’s own history in the RWT DRIP calculator.

UnlockDividend Safety Rating: paid plans only
Dividend Safety Rating Not financial advice
See RWT’s rating and its 7 factors.
See the rating & factors »
An algorithmic rating built from reported data, not a recommendation.
  • Coverage (EPS): are profits enough to pay the dividend rating
  • Coverage (cash flow): does cash from the business cover the dividend rating
  • Dividend vs cash flow + debt: is the dividend paid with borrowed money report
  • Debt load: how much the balance sheet leans on borrowing rating
  • Debt interest coverage: can profits easily pay the interest bill rating
  • Liquidity: is there cash for debts due this year rating
  • Earnings direction: are sales and profits growing or shrinking report
  • Raise streak: how many years in a row it raised see details
  • Years without a cut: how long since the last dividend cut see details
  • Raise vs trend: are recent raises keeping their usual pace history
  • Yield vs history: is today’s yield high or low versus its past rating
  • Recession record: what the dividend did in past crashes history

RWT Dividend Yield Today vs Its 5-Year Range

85/100Well above its usual yieldvs its 2-yr history
  • RWT yields 25.26% today, at the Nov 12, 2026 close of $2.85.
  • Its own 2-year median is 11.88%, so today’s yield is well above its usual level.
  • No steady norm: a cut in 2023 skews its yield history. So this reads today’s yield against its own 2-year history as it is.
Since Jan 2024: lowest to highest month-end yield
8.45% low23.00% high
Blue mark = today, grey = its 2-year median. A higher yield than usual means a lower price against the payout.

Where today ranks in its own history is in the paid report

How it works. Each month-end over the last 2 years gives one yield: the regular payment then, times payments a year, over that day’s close. Specials are left out. 50 means today’s yield sits right at its usual level. A lower score means the yield is below its usual level, so the price is high against the payout. A higher score means the yield is above its usual level. On price alone a payer stays between 15 and 85. Steady raisers get a few points back. It reads the past, not the future.

When Is RWT’s Next Dividend? Ex-Date and Pay Date After September 2026

RWT has not declared its next dividend yet. By its usual rhythm of about 91 days between ex-dates, the next ex-date falls around Dec 23, 2026, with the cash around Dec 25, 2026. An estimate, not a promise: only the declaration makes it final. The latest one, $0.18 a share, went ex on Sep 23, 2026 and paid Sep 25, 2026.

  • Ex-dates: about every 91 days (quarterly)
  • Payment: usually about 2 days after the ex-date

Every payer going ex-dividend this week is on the dividend calendar.

How Often Does RWT Pay?

RWT pays quarterly, 4 times a year. Recent payments arrived in Mar, Jun, Sep and Dec, with ex-dates in Mar, Jun, Sep and Dec. The ex-date comes about every 91 days, and the cash usually lands about 2 days later.

Paid in the last 12 months
$0.72 a share, in 4 payments.
+0.0% against the 12 months before ($0.72 in 4 payments).
Cash that landed, by pay date. The yield up top uses today’s rate instead, so a raise or a cut shows there first.
Payout months
JanFebMarAprMayJunJulAugSepOctNovDec
Pays in Mar, Jun, Sep and Dec. Ex-dates fall in Mar, Jun, Sep and Dec (latest 4 payments).
Raise history
  • Streak: 1 year of higher annual totals (through 2025)
  • Last raise: Sep 23, 2024 - $0.16 to $0.17 (+$0.01, +6.25%)
  • Usual $ step: $0.02 (median of the raises before it)
Coverage
  • FFO payout (approx.): n/a (FFO negative) - $0.72 paid / $-0.20 FFO per share (net income + depreciation & amortization, 4 quarters to Sep 30, 2026)
  • Cash-flow payout: n/a (operating cash flow per share negative) - $0.72 paid / -$113.26 operating cash flow per share (4 quarters to Sep 30, 2026); own 4-yr norm 300.0% (median of 12 earlier trailing years)
  • GAAP EPS payout (context): n/a (EPS negative) - $0.72 paid / -$0.35 EPS (4 quarters to Sep 30, 2026); own 4-yr norm 300.0% (median of 12 earlier trailing years)
REITs pay from funds from operations; GAAP EPS understates coverage.

RWT vs Similar Dividend Stocks (XRN, APYRF...)

Against the 10 dividend-paying Real Estate companies closest to RWT in market value, RWT’s 25.26% run-rate yield is above the group’s middle yield of 8.42%, and its raise streak of 1 year is the 4th longest. A higher yield than the group is not a bonus by itself: it is often the market pricing in a cut, so read it next to the rating and the coverage behind it.

Ticker Dividend ⓘ Yield Safety Rating No cut ⓘ
RWT $2.85Redwood Trust $0.18/qtr$0.72/yr fwd 25.26% Dividend Safety Rating: paid plans only 2 yrsraised 1 yr in a row
XRN $26.97Chiron Real Estate $0.16/mo$1.92/yr fwd 7.12% Dividend Safety Rating: paid plans only 2 yrsraised 1 yr in a row
APYRF $2.62Allied Properties Real Estate Investment Trust $0.043/mo$0.52/yr fwd 19.69% Dividend Safety Rating: paid plans only 0 yrsno raise streak
INRE $21.68Inland Real Estate Income Trust $0.1356/qtr$0.54/yr fwd 2.50% Dividend Safety Rating: paid plans only 2+ yrsno raise streak
RWTN $23.26Redwood Trust, Inc. 9.125% Seni $0.57/qtr$2.28/yr fwd 9.80% Dividend Safety Rating: paid plans only 1+ yrno raise streak
BSRTF $9.80BSR Real Estate Investment Trust $0.047/mo$0.56/yr fwd 5.76% Dividend Safety Rating: paid plans only 4+ yrsraised 3 yrs in a row
BRSP $3.12BrightSpire Capital $0.16/qtr$0.64/yr fwd 20.51% Dividend Safety Rating: paid plans only 1 yrno raise streak
FPI $8.94Farmland Partners $0.09/qtr$0.36/yr fwd 4.03% Dividend Safety Rating: paid plans only 7 yrsno raise streak
LANDO $19.04Gladstone Land $0.125/mo$1.50/yr fwd 7.88% Dividend Safety Rating: paid plans only 4+ yrsno raise streak
NXRT $15.36NexPoint Residential Trust $0.53/qtr$2.12/yr fwd 13.80% Dividend Safety Rating: paid plans only 10+ yrsraised 10+ yrs in a row
CHCT $14.72Community Healthcare Trust $0.33/qtr$1.32/yr fwd 8.97% Dividend Safety Rating: paid plans only 0 yrsraised 9 yrs in a row

Yield and the safety rating are only half of it. See total returns with dividends reinvested, side by side: RWT vs XRN, RWT vs APYRF, RWT vs INRE.

RWT Dividend History: Every Payment Since 1996

Ex-datePay dateAmountFrequencyType
Sep 23, 2026Sep 25, 2026$0.18QuarterlyRegular
Jun 23, 2026Jun 25, 2026$0.18QuarterlyRegular
Mar 24, 2026Mar 26, 2026$0.18QuarterlyRegular
Dec 23, 2025Dec 25, 2025$0.18QuarterlyRegular
Sep 23, 2025Sep 25, 2025$0.18QuarterlyRegular
Jun 23, 2025Jun 25, 2025$0.18QuarterlyRegular
Mar 24, 2025Mar 26, 2025$0.18QuarterlyRegular
Dec 23, 2024Dec 25, 2024$0.18QuarterlyRegular
Sep 23, 2024Sep 25, 2024$0.17QuarterlyRegular
Jun 21, 2024Jun 24, 2024$0.16QuarterlyRegular
The other 116 RWT payments come with a paid plan.
Show all 126 payments »
Newest first. Amounts are per share as paid, restated for splits; frequency is the schedule on file for that payment; a payment over 2.5x its neighbours is marked special.
From reported payments, prices and filings — data, not investment advice.

What the Dividend Safety Rating Means for RWT

UnlockDividend Safety Rating: paid plans only
See where RWT lands, and why.
See the rating & factors »
Own RWT? Your payouts fill in by themselves Add RWT once, with your buy date and share count. Every dividend since fills in, dated and in dollars, and with DRIP on each new share is counted for you.
Track RWT →

RWT Dividend Questions

How often does RWT pay dividends?

RWT pays quarterly, 4 times a year. Recent payments arrived in Mar, Jun, Sep and Dec, with ex-dates in Mar, Jun, Sep and Dec. The ex-date comes about every 91 days, and the cash usually lands about 2 days later.

Does RWT pay dividends monthly?

No. RWT pays quarterly, 4 times a year. For payers that pay every month, see the monthly dividend stocks.

When is the next RWT dividend?

RWT has not declared its next dividend yet. By its usual rhythm of about 91 days between ex-dates, the next ex-date falls around Dec 23, 2026, with the cash around Dec 25, 2026. An estimate, not a promise: only the declaration makes it final. The latest one, $0.18 a share, went ex on Sep 23, 2026 and paid Sep 25, 2026. The current rate is $0.18 per share, $0.72 a year.

Does RWT pay a dividend in December 2026?

Not declared yet. By its usual rhythm the next ex-date falls around Dec 23, 2026, with the cash around Dec 25, 2026, so a payment in December 2026 is likely. Only the company’s declaration makes it final.

How much does RWT pay per share?

RWT pays $0.18 a share quarterly, $0.72 a year. At the Nov 12, 2026 close of $2.85 that is a 25.26% run-rate yield, well above its usual level: its own 2-year median is 11.88%.

Has RWT raised its dividend?

Yes. RWT has raised its annual dividend 1 years in a row, through 2025. The latest raise, on Sep 23, 2024, took the rate from $0.16 to $0.17 (+6.25%). Over five years the dividend grew -3.0% a year.

Is RWT’s dividend safe?

No rating can promise a future payment, but the record on file says a lot. It has raised its dividend 1 years in a row and gone 2 years without a cut. This is data, not investment advice. The full 7-check rating comes with a plan.

How do I track my RWT dividends?

Add RWT to a free DRIPCalc portfolio once, with your buy date and share count. Every payout since fills in, dated and in dollars; with DRIP on, the new shares each payment buys are counted for you, so there is no spreadsheet to update and no broker login. To project the snowball, run RWT in the DRIP calculator.

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How this page is built: the rate is the latest regular dividend per share; run-rate yield = rate × payments per year ÷ last close (Nov 12, 2026), never a trailing 12-month total, which lags after a raise and hides a cut. Specials and one-off payments never count in the rate; a payer whose regular payments differ in size is annualized over its last full cycle of regular payments. Raise streak = consecutive calendar years with a higher amount per payment than the year before; years without a cut = years in which the amount per payment held within 1%. The Dividend Safety Rating reads 7 visible lines: coverage, streak, raise pace and yield range for dividend stocks; NAV trend, NAV funding and payout stability for income funds. Similar payers = the same sector or fund group, nearest in market value or fund size. Payments, prices and filings come from DRIPCALC’s price and dividend database. History is not a forecast. This is data, not investment advice.