MILL VALLEY, Calif., May 20, 2014 /PRNewswire/ -- Redwood Trust, Inc. (NYSE: RWT) today announced that its Board of Directors authorized the declaration of a second quarter regular dividend of $0.28 per share. The second quarter 2014 dividend is payable on June 30, 2014 to stockholders of record on June 13, 2014.
"The payment of regular dividends remains a priority for Redwood. Our second quarter dividend will mark our 60th consecutive quarterly dividend," said Marty Hughes, Redwood's CEO.
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SOURCE Redwood Trust, Inc.