SmarterDividends
RWTN

Redwood Trust, Inc. 9.125% Seni

RWTN

Stock · quarterly payer

$21.78

Undervalued · +112% Add to Portfolio

Forward Yield

10.47%

Annual Dividend

$2.28

Payout Ratio

—

5-Yr Growth

—

Ex-Date

Nov 13, 2026

Frequency

Quarterly

Key facts about RWTN's dividend

Data as of · Source: SmarterDividends data

  • As of Oct 18, 2026, Redwood Trust, Inc. 9.125% Seni (RWTN) has a forward dividend yield of 10.47%, based on an annual dividend of $2.28 per share and a share price of $21.78.
  • As of Oct 18, 2026, RWTN's dividend safety grade from SmarterDividends is C (60 out of 100), which rates the dividend as borderline.
  • RWTN has never cut its regular dividend in the payment history SmarterDividends has on record.
  • RWTN's next ex-dividend date is Nov 13, 2026, with payment on Dec 1, 2026. Shares must be owned before that date to receive the dividend.
  • As of Oct 18, 2026, RWTN's 10.47% yield is 24% above its five-year average yield of 8.46%.
  • As of Oct 18, 2026, SmarterDividends' blended fair-value estimate for RWTN is $46.09 per share, 112% above the $21.78 share price, so RWTN screens as undervalued.
  • Redwood Trust, Inc. 9.125% Seni (RWTN) pays its dividend quarterly, 4 times a year.
  • Redwood Trust, Inc. 9.125% Seni (RWTN) has raised its regular dividend 0 times and cut it 0 times across the 10 payments on record since 2024. The regular dividend has not changed in that time.
Cite this page

SmarterDividends, "RWTN Dividend: Yield, Safety Grade & Next Ex-Date," updated Oct 18, 2026, https://smarterdividends.com/stocks/RWTN

Summary

As of Oct 18, 2026, Redwood Trust, Inc. 9.125% Seni (RWTN) yields 10.47% ($2.28 a year per share) and has a dividend safety grade of C (60/100).

Is RWTN a good dividend stock?

Yes, with caveats

Redwood Trust, Inc. 9.125% Seni (RWTN) pays a quarterly dividend yielding 10.47% ($2.28/yr), with 0 years of growth and a dividend-safety grade of C. It's a solid income payer, but check the caveats below before buying.

Advantages

  • Never cut its dividend on record

Risks

  • Very high yield can signal elevated risk

Key Data

Dividend Yield
10.47%
Payout Ratio
—
Annual Dividend
$2.28
5-Yr Avg Growth
—
Ex-Dividend Date
Nov 13, 2026
Years of Growth
0
Frequency
quarterly
Beta
—
Market Cap
—
P/E Ratio
—
5-Yr Total Return
—
52-Week Range
$21.30 – $25.77
Dividend Safety
C · 60/100
Ever Cut?
No

RWTN dividend raises and cuts

Redwood Trust, Inc. 9.125% Seni (RWTN) has raised its regular dividend 0 times and cut it 0 times across the 10 payments on record since 2024. The regular dividend has not changed in that time.

Every RWTN payment →Download every raise and cut (CSV)
RWTN ex-dividend date & scheduleNext ex-date Nov 13, 2026 · full ex-dividend historyView →RWTN dividend historyEvery payment, totals by year, raises and cutsView →

Frequently Asked Questions

Is RWTN a good dividend stock?

Yes, with caveats. Redwood Trust, Inc. 9.125% Seni (RWTN) pays a quarterly dividend yielding 10.47% ($2.28/yr), with 0 years of growth and a dividend-safety grade of C. It's a solid income payer, but check the caveats below before buying.

Is RWTN undervalued?

Based on a blend of discounted cash flow, a dividend-discount model and an earnings-multiple estimate, RWTN's fair value is about $46.09 versus a $21.78 share price — so it looks undervalued (+112% vs. fair value).

Is RWTN's dividend safe?

RWTN has a dividend-safety grade of C (60/100), based on its payout coverage, free-cash-flow, 0-year growth streak, a clean no-cut history, debt and yield-versus-history.

What is RWTN's fair value?

Our blended fair-value estimate for RWTN is about $46.09 per share, roughly 112% above the current $21.78 price — combining a discounted cash flow, a dividend-discount model and an earnings multiple.

Is RWTN a buy, hold, or sell?

We don't issue formal ratings, but on the data RWTN screens as "yes, with caveats" and undervalued. Redwood Trust, Inc. 9.125% Seni (RWTN) pays a quarterly dividend yielding 10.47% ($2.28/yr), with 0 years of growth and a dividend-safety grade of C. It's a solid income payer, but check the caveats below before buying. This is research for your own analysis, not investment advice.

Will RWTN cut its dividend?

RWTN earns a dividend-safety grade of C (60/100), with no dividend cut on record. A higher score means lower cut risk based on payout coverage, cash flow and history — but no score guarantees a dividend.

Does RWTN pay a dividend?

Yes. Redwood Trust, Inc. 9.125% Seni pays a quarterly dividend of about $2.28 per share annually, a forward yield of roughly 10.47%.

What is RWTN's dividend yield?

As of Oct 18, 2026, RWTN's forward dividend yield is 10.47%, based on a $2.28 annual dividend and a $21.78 share price.

What is RWTN's dividend per share?

As of Oct 18, 2026, RWTN pays $2.28 per share per year, distributed on a quarterly basis.

How many years has RWTN grown its dividend?

RWTN does not currently have a long dividend-growth streak on record.

When is the next RWTN ex-dividend date?

As of Oct 18, 2026, the next ex-dividend date on record for RWTN is Nov 13, 2026.

Income Calculator

At $2.28 / yr per share

Per payment (quarterly)$57.00
Annual$228.00
Monthly avg$19.00

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