MILL VALLEY, Calif., Feb. 25, 2016 /PRNewswire/ -- Redwood Trust, Inc. (NYSE: RWT) today announced that its Board of Directors authorized the declaration of a first quarter regular dividend of $0.28 per share. The first quarter 2016 dividend is payable on March 31, 2016 to stockholders of record on March 16, 2016.
"The payment of regular dividends remains a priority for Redwood. Our first quarter dividend will mark our 67th consecutive quarterly dividend," said Marty Hughes, Redwood's Chief Executive Officer.
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SOURCE Redwood Trust, Inc.