Starwood Property Trust Announces $0.48 Per Share Dividend for Fourth Quarter 2020

Rhea-AI Summary

Starwood Property Trust, Inc. (NYSE: STWD) declared a dividend of $0.48 per share for Q4 2020, payable on January 15, 2021. This dividend is for stockholders of record as of December 31, 2020. The company has deployed over $65 billion in capital and manages a portfolio exceeding $17 billion across various investments. Starwood aims to provide attractive and stable returns to shareholders primarily through dividends.

Positive

• Declared a dividend of $0.48 per share, enhancing shareholder returns.
• Strong capital deployment of over $65 billion since inception.
• Management of a diversified portfolio worth over $17 billion, indicating robust operational capacity.

Negative

• None.

GREENWICH, Conn., Dec. 9, 2020 /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 December 31, 2020. The dividend is payable on January 15, 2021 to stockholders of record as of December 31, 2020.

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 $65 billion of capital since inception and manages a portfolio of over $17 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

 

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SOURCE Starwood Property Trust, Inc.

FAQ

What is the dividend amount for STWD for Q4 2020?

The dividend amount declared for STWD for Q4 2020 is $0.48 per share.

When will the STWD dividend be paid?

The dividend for STWD will be paid on January 15, 2021.

What is the record date for the STWD dividend?

The record date for the STWD dividend is December 31, 2020.