Starwood Property Trust Announces $0.48 Per Share Dividend for Second Quarter 2024

Starwood Property Trust has announced a dividend of $0.48 per share for the second quarter of 2024.

(Low)

(Neutral)How Sentiment works

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.

How Sentiment works How the balance works

Rhea-AI Summary

Starwood Property Trust has announced a dividend of $0.48 per share for the second quarter of 2024. The dividend will be payable on July 15, 2024, to shareholders who are on record by June 28, 2024. This announcement comes from the company's Board of Directors and pertains to the quarter ending June 30, 2024.

Positive

Starwood Property Trust has declared a consistent dividend of $0.48 per share for Q2 2024.
The dividend payout confirms a stable return for shareholders, payable on July 15, 2024.
Shareholders of record by June 28, 2024, are eligible for the dividend.

Negative

The announcement does not include any updates on earnings or revenue figures.
There is no forward-looking guidance or information on future dividend stability.

Argus Session date unavailable

+0.79% session move Open Argus

Details

News Market Reaction – STWD

The recorded move for STWD in the trading session of this news was +0.79%.

Data tracked by StockTitan Argus. Session date unavailable.

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

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google

06/13/2024 - 04:15 PM

GREENWICH, Conn., June 13, 2024 /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, 2024. The dividend is payable on July 15, 2024 to stockholders of record as of June 28, 2024.

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 $97 billion of capital since inception and manages a portfolio of over $26 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:https://www.prnewswire.com/news-releases/starwood-property-trust-announces-0-48-per-share-dividend-for-second-quarter-2024--302172116.html

SOURCE Starwood Property Trust, Inc.

FAQ

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

What is the dividend amount announced by Starwood Property Trust for Q2 2024?

Starwood Property Trust announced a dividend of $0.48 per share for the second quarter of 2024.

When is the dividend from Starwood Property Trust payable?

The dividend is payable on July 15, 2024.

What is the record date for the Starwood Property Trust Q2 2024 dividend?

The record date for the dividend is June 28, 2024.

What is the stock symbol for Starwood Property Trust?

The stock symbol for Starwood Property Trust is STWD.

Who declared the Q2 2024 dividend for Starwood Property Trust?

The dividend was declared by the Board of Directors of Starwood Property Trust.

Starwood Property Trust Announces $0.48 Per Share Dividend for Second Quarter 2024