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

Rhea-AI Summary

Starwood Property Trust has declared a dividend of $0.48 per share for Q3 2020, payable on October 15, 2020. Stockholders of record as of September 30, 2020 will receive this dividend. The company has deployed over $63 billion in capital and manages a portfolio exceeding $17 billion across various investments. Starwood aims to generate attractive returns for shareholders through its diversified finance focus on real estate and infrastructure.

Positive

• Dividend of $0.48 per share boosts shareholder income.
• Strong capital deployment of over $63 billion since inception.

Negative

• None.

GREENWICH, Conn., Sept. 16, 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 September 30, 2020. The dividend is payable on October 15, 2020 to stockholders of record as of September 30, 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 $63 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 declared by STWD for Q3 2020?

Starwood Property Trust declared a dividend of $0.48 per share for Q3 2020.

When is the dividend for STWD payable?

The dividend is payable on October 15, 2020.

Who is eligible to receive the STWD dividend?

Stockholders of record as of September 30, 2020, are eligible to receive the dividend.

What has been the total capital deployed by Starwood Property Trust?

Starwood Property Trust has successfully deployed over $63 billion in capital since inception.

What is Starwood Property Trust's investment focus?

Starwood Property Trust focuses on the real estate and infrastructure sectors.