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Starwood Property Trust Announces $0.48 Per Share Dividend for Fourth Quarter 2020

Starwood Property Trust, Inc. (NYSE: STWD) declared a dividend of $0.48 per share for Q4 2020, payable on January 15, 2021.

(Neutral)

Sentiment and the balance of points

Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.

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dividends earnings

Rhea-AI Summary

Starwood Property Trust, Inc. (NYSE: STWD) declared a dividend of $0.48 per share for Q4 2020, payable on January 15, 2021. This dividend is for stockholders of record as of December 31, 2020. The company has deployed over $65 billion in capital and manages a portfolio exceeding $17 billion across various investments. Starwood aims to provide attractive and stable returns to shareholders primarily through dividends.

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Positive

  • Declared a dividend of $0.48 per share, enhancing shareholder returns.
  • Strong capital deployment of over $65 billion since inception.
  • Management of a diversified portfolio worth over $17 billion, indicating robust operational capacity.

Negative

  • None.
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+0.69% session move Open Argus
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News Market Reaction – STWD

The recorded move for STWD in the trading session of this news was +0.69%.

Data tracked by StockTitan Argus. Session date unavailable.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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GREENWICH, Conn., Dec. 9, 2020 /PRNewswire/ -- Starwood Property Trust, Inc. (NYSE: STWD) ("the Company") today announced that the Company's Board of Directors has declared a dividend of $0.48 per share of common stock for the quarter ending December 31, 2020. The dividend is payable on January 15, 2021 to stockholders of record as of December 31, 2020.

About Starwood Property Trust, Inc.

Starwood Property Trust (NYSE: STWD), is a leading diversified finance company with a core focus on the real estate and infrastructure sectors. An affiliate of global private investment firm Starwood Capital Group, the Company has successfully deployed over $65 billion of capital since inception and manages a portfolio of over $17 billion across debt and equity investments. Starwood Property Trust's investment objective is to generate attractive and stable returns for shareholders, primarily through dividends, by leveraging a premiere global organization to identify and execute on the best risk adjusted returning investments across its target assets. Additional information can be found at www.starwoodpropertytrust.com.

Contact:
Zachary Tanenbaum
Starwood Property Trust
Phone: 203-422-7788
Email: ztanenbaum@starwood.com

 

Cision View original content:http://www.prnewswire.com/news-releases/starwood-property-trust-announces-0-48-per-share-dividend-for-fourth-quarter-2020--301189186.html

SOURCE Starwood Property Trust, Inc.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What is the dividend amount for STWD for Q4 2020?

The dividend amount declared for STWD for Q4 2020 is $0.48 per share.

When will the STWD dividend be paid?

The dividend for STWD will be paid on January 15, 2021.

What is the record date for the STWD dividend?

The record date for the STWD dividend is December 31, 2020.

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