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

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.

Positive

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

Negative

• None.

News Market Reaction – STWD

-1.25%

-1.25% Session move

In the trading session that priced this news, STWD declined 1.25%, reflecting a mild negative market reaction.

Data tracked by StockTitan Argus on the day of publication.

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 Not now

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

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

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.