Starwood Property Trust Announces $0.48 Per Share Dividend for First Quarter 2023
Starwood Property Trust (NYSE: STWD) declared a dividend of $0.48 per share for the quarter ending March 31, 2023.
Sentiment and the balance of points
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Rhea-AI Summary
Starwood Property Trust (NYSE: STWD) declared a dividend of $0.48 per share for the quarter ending March 31, 2023. This dividend is payable on April 14, 2023 to stockholders of record as of March 31, 2023. Starwood is a diversified finance company focusing on real estate and infrastructure, having deployed over $94 billion in capital and managing a portfolio exceeding $28 billion. The company's investment strategy aims at generating stable returns for shareholders, mainly through dividends.
Positive
- Declared a dividend of $0.48 per share, enhancing shareholder income.
- Strong capital deployment of over $94 billion since inception.
- Managed portfolio exceeds $28 billion, indicating robust asset management.
Negative
- None.
Details
News Market Reaction – STWD
The recorded move for STWD in the trading session of this news was -3.18%.
Data tracked by StockTitan Argus. Session date unavailable.
AI-generated analysis. How Rhea-AI works. Not financial advice.
About
Contact:
Starwood Property Trust
Phone: 203-422-7788
Email: ztanenbaum@starwood.com
View original content:https://www.prnewswire.com/news-releases/starwood-property-trust-announces-0-48-per-share-dividend-for-first-quarter-2023--301774475.html
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