Starwood Property Trust Announces $0.48 Per Share Dividend for Third Quarter 2021

(Neutral)

Rhea-AI Summary

Starwood Property Trust (NYSE: STWD) has declared a $0.48 per share dividend for the quarter ending September 30, 2021. This dividend is scheduled for payment on October 15, 2021 to shareholders on record as of September 30, 2021. The company has successfully deployed over $72 billion of capital since inception, managing a portfolio exceeding $19 billion across various debt and equity investments, aiming to generate stable returns for shareholders.

Positive

Declared a dividend of $0.48 per share, indicating strong financial performance.
Successfully deployed over $72 billion of capital, reflecting investment capability.
Manages a diversified portfolio exceeding $19 billion, enhancing revenue potential.

Negative

None.

News Market Reaction – STWD

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09/15/2021 - 04:15 PM

GREENWICH, Conn., Sept. 15, 2021 /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, 2021. The dividend is payable on October 15, 2021 to stockholders of record as of September 30, 2021.

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 $72 billion of capital since inception and manages a portfolio of over $19 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-2021--301378028.html

SOURCE Starwood Property Trust, Inc.

FAQ

What is the dividend amount declared by Starwood Property Trust for Q3 2021?

Starwood Property Trust declared a dividend of $0.48 per share for the third quarter of 2021.

When will the dividend be paid to shareholders of Starwood Property Trust?

The dividend will be paid on October 15, 2021, to shareholders of record as of September 30, 2021.

What is the financial strategy of Starwood Property Trust?

Starwood Property Trust aims to generate attractive and stable returns for shareholders through dividends by leveraging its investment capabilities in real estate and infrastructure.