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

Rhea-AI Summary

Starwood Property Trust has declared a $0.48 dividend per share for the quarter ending June 30, 2020, payable on July 15, 2020. This decision reflects the company's commitment to delivering stable returns for shareholders. Since inception, Starwood has deployed over $63 billion in capital and currently manages a portfolio exceeding $17 billion. The firm focuses on the real estate and infrastructure sectors, aiming to provide attractive returns primarily through dividends.

Positive

• Declared a dividend of $0.48 per share, indicating company confidence.
• Successfully deployed over $63 billion in capital, enhancing investment credibility.
• Manages a diversified portfolio exceeding $17 billion, signaling strong asset management.

Negative

• None.

News Market Reaction – STWD

+2.68%

+2.68% Session move

In the trading session that priced this news, STWD gained 2.68%, reflecting a moderate positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

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GREENWICH, Conn., June 16, 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 June 30, 2020. The dividend is payable on July 15, 2020 to stockholders of record as of June 30, 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 $63 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

View original content:http://www.prnewswire.com/news-releases/starwood-property-trust-announces-0-48-per-share-dividend-for-second-quarter-2020--301078186.html

SOURCE Starwood Property Trust, Inc.

FAQ

What is the dividend amount declared by Starwood Property Trust for Q2 2020?

Starwood Property Trust declared a dividend of $0.48 per share for the quarter ending June 30, 2020.

When will the dividend for Starwood Property Trust be paid?

The dividend will be paid on July 15, 2020.

What was the total capital deployed by Starwood Property Trust since inception?

Starwood Property Trust has deployed over $63 billion in capital since its inception.

What is the portfolio size managed by Starwood Property Trust?

Starwood Property Trust manages a portfolio exceeding $17 billion.