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

Starwood Property Trust (NYSE: STWD) announced a $0.48 per share dividend for Q3 2022, payable on October 14, 2022.

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.

Tags
dividends earnings

Rhea-AI Summary

Starwood Property Trust (NYSE: STWD) announced a $0.48 per share dividend for Q3 2022, payable on October 14, 2022. Stockholders of record by September 30, 2022 will receive this payment. The Company, a leader in diversified finance, has deployed over $91 billion in capital since its inception and manages a portfolio exceeding $27 billion. Starwood's aim is to provide attractive returns for shareholders through dividends by leveraging its global organization for optimal investment opportunities.

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Positive

  • Dividend of $0.48 per share reflects ongoing commitment to shareholders.
  • Managed portfolio exceeds $27 billion, indicating strong asset management.

Negative

  • None.
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News Market Reaction – STWD

The recorded move for STWD in the trading session of this news was -1.25%.

Data tracked by StockTitan Argus. Session date unavailable.

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GREENWICH, Conn., Sept. 16, 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 September 30, 2022. The dividend is payable on October 14, 2022 to stockholders of record as of September 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 $91 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-third-quarter-2022--301626109.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 2022?

Starwood Property Trust declared a dividend of $0.48 per share for the third quarter of 2022.

When will the STWD dividend be paid?

The dividend will be paid on October 14, 2022.

Who is eligible to receive the STWD dividend?

Stockholders of record as of September 30, 2022, are eligible for the dividend.

How often does STWD pay dividends?

Starwood Property Trust typically pays dividends quarterly.

What is the purpose of the dividend declared by STWD?

The dividend is aimed at generating attractive and stable returns for shareholders.

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