STOCK TITAN

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

Starwood Property Trust has declared a dividend of $0.48 per share for Q3 2020, payable on October 15, 2020.

(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 has declared a dividend of $0.48 per share for Q3 2020, payable on October 15, 2020. Stockholders of record as of September 30, 2020 will receive this dividend. The company has deployed over $63 billion in capital and manages a portfolio exceeding $17 billion across various investments. Starwood aims to generate attractive returns for shareholders through its diversified finance focus on real estate and infrastructure.

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Positive

  • Dividend of $0.48 per share boosts shareholder income.
  • Strong capital deployment of over $63 billion since inception.

Negative

  • None.
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News Market Reaction – STWD

The recorded move for STWD in the trading session of this news was +2.12%.

Data tracked by StockTitan Argus. Session date unavailable.

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GREENWICH, Conn., Sept. 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 September 30, 2020. The dividend is payable on October 15, 2020 to stockholders of record as of September 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

 

Cision View original content:http://www.prnewswire.com/news-releases/starwood-property-trust-announces-0-48-per-share-dividend-for-third-quarter-2020--301132588.html

SOURCE Starwood Property Trust, Inc.

FAQ

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

What is the dividend amount declared by STWD for Q3 2020?

Starwood Property Trust declared a dividend of $0.48 per share for Q3 2020.

When is the dividend for STWD payable?

The dividend is payable on October 15, 2020.

Who is eligible to receive the STWD dividend?

Stockholders of record as of September 30, 2020, are eligible to receive the dividend.

What has been the total capital deployed by Starwood Property Trust?

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

What is Starwood Property Trust's investment focus?

Starwood Property Trust focuses on the real estate and infrastructure sectors.

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