Starwood Property Trust, Inc. (NYSE:STWD – Get Free Report) declared a quarterly dividend on Thursday, March 13th, RTT News reports. Investors of record on Monday, March 31st will be paid a dividend of 0.48 per share by the real estate investment trust on Tuesday, April 15th. This represents a $1.92 annualized dividend and a yield of 9.68%. The ex-dividend date of this dividend is Monday, March 31st.
Starwood Property Trust has a payout ratio of 95.0% meaning its dividend is currently covered by earnings, but may not be in the future if the company’s earnings fall. Equities analysts expect Starwood Property Trust to earn $1.90 per share next year, which means the company may not be able to cover its $1.92 annual dividend with an expected future payout ratio of 101.1%.
Starwood Property Trust Stock Down 0.9 %
NYSE:STWD opened at $19.83 on Friday. The company has a debt-to-equity ratio of 2.61, a current ratio of 1.79 and a quick ratio of 1.79. Starwood Property Trust has a 1-year low of $18.12 and a 1-year high of $21.17. The company has a 50-day moving average of $19.78 and a 200 day moving average of $19.80. The firm has a market cap of $6.70 billion, a PE ratio of 16.94 and a beta of 1.68.
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Starwood Property Trust Company Profile
Starwood Property Trust, Inc operates as a real estate investment trust (REIT) in the United States and internationally. The company operates through Commercial and Residential Lending, Infrastructure Lending, Property, and Investing and Servicing segments. The Commercial and Residential Lending segment originates, acquires, finances, and manages commercial first mortgages, non-agency residential mortgages, subordinated mortgages, mezzanine loans, preferred equity, commercial mortgage-backed securities (CMBS), and residential mortgage-backed securities, as well as other real estate and real estate-related debt investments, include distressed or non-performing loans.
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