Company: RWT-PA
Filing Date: 2025-03-03
Form Type: 10-K
Source: 0000930236-25-000007
Chunk: 290

Company: REDWOOD TRUST INC
Filing Date: 2025-03-03
Form: 10-K
Item: Item 5
Chunk 290
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ITEM 5. MARKET FOR REGISTRANT’S COMMON EQUITY, RELATED STOCKHOLDER MATTERS, AND ISSUER PURCHASES OF EQUITY SECURITIES

Our common stock is listed and traded on the NYSE under the symbol RWT. At February 20, 2025, our common stock was held by approximately 477 holders of record and the total number of beneficial stockholders holding stock through depository companies was approximately 49,650. At February 28, 2025, there were 132,861,161 shares of common stock outstanding.

The cash dividends declared on our common stock for each full quarterly period during 2024 and 2023 were as follows:

 Common Dividends Declared RecordDatePayableDatePerShareDividendTypeYear Ended December 31, 2024Fourth Quarter12/23/202412/30/2024$0.18 RegularThird Quarter9/23/20249/30/2024$0.17 RegularSecond Quarter6/21/20246/28/2024$0.16 RegularFirst Quarter3/21/20243/28/2024$0.16 RegularTotal$0.67 Year Ended December 31, 2023Fourth Quarter12/20/202312/28/2023$0.16 RegularThird Quarter9/22/20239/29/2023$0.16 RegularSecond Quarter6/23/20236/30/2023$0.16 RegularFirst Quarter3/24/20233/31/2023$0.23 RegularTotal$0.71 

All dividend distributions are made with the authorization of the board of directors at its discretion and will depend on such items, including, for example, GAAP net income, financial condition, REIT taxable income, other non-GAAP measures of profitability and returns, maintenance of REIT status, and other factors that the board of directors may deem relevant from time to time. The holders of our common stock share proportionally on a per share basis in all declared dividends on common stock; however, holders of shares of our Series A preferred stock are entitled to receive cumulative cash dividends before holders of our common stock are entitled to receive any dividends. As reported on our Current Report on Form 8-K filed on January 29, 2025, for dividend distributions made in 2024, we expect our common stock dividends paid in 2024