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Starwood Property Trust Announces $0.48 Per Share Dividend for Fourth Quarter 2022

Starwood Property Trust (NYSE: STWD) declared a quarterly dividend of $0.48 per share for the period ending December 31, 2022.

(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 (NYSE: STWD) declared a quarterly dividend of $0.48 per share for the period ending December 31, 2022. This dividend is scheduled for payment on January 13, 2023 to stockholders recorded as of December 30, 2022. The company, affiliated with Starwood Capital Group, has invested over $93 billion since inception and manages a portfolio exceeding $27 billion across various debt and equity investments, aiming to deliver stable returns primarily through dividends.

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Positive

  • Quarterly dividend of $0.48 per share reflects ongoing shareholder returns.
  • Company has successfully deployed over $93 billion since inception, indicating strong capital management.
  • Diversified portfolio exceeding $27 billion supports risk-adjusted returns.

Negative

  • None.
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-0.30% 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 -0.30%.

Data tracked by StockTitan Argus. Session date unavailable.

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GREENWICH, Conn., Dec. 9, 2022 /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, 2022. The dividend is payable on January 13, 2023 to stockholders of record as of December 30, 2022.

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 $93 billion of capital since inception and manages a portfolio of over $27 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:https://www.prnewswire.com/news-releases/starwood-property-trust-announces-0-48-per-share-dividend-for-fourth-quarter-2022--301698682.html

SOURCE Starwood Property Trust, Inc.

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