Business Context and Reporting Period
Company: Redwood Trust, Inc.
Filing Type: Form 8-K (Current Report)
Date of Report: June 13, 2023
Reporting Period: Second Quarter 2023 (Dividend Declaration)
Key Financial Metrics
This filing does not contain comprehensive financial statements, revenue, profit, cash flow, or debt metrics. The primary financial data disclosed relates to dividend declarations:
- Common Stock Dividend: $0.16 per share (Regular, Q2 2023).
- Preferred Stock Dividend (Series A): $0.625 per share (Q2 2023).
- Liquidity/Debt: No specific liquidity or debt figures are provided in this text.
Material Changes
The filing does not report material changes to operations, revenue, or assets compared to prior periods. It solely announces the Board of Directors' declaration of dividends for the second quarter of 2023.
Guidance, Outlook, and Management Commentary
Management Commentary: The Board of Directors declared the dividends as detailed above. No forward-looking guidance, outlook, or risk factors are discussed in this specific filing.
Unusual Items: None reported.
Investor Verification Checklist
- Common Stock Record Date: Verify ownership by June 23, 2023, to receive the $0.16 dividend.
- Common Stock Payment Date: Confirm payment is scheduled for June 30, 2023.
- Preferred Stock (Series A) Record Date: Verify ownership by June 30, 2023, to receive the $0.625 dividend.
- Preferred Stock (Series A) Payment Date: Confirm payment is scheduled for July 17, 2023.
- Dividend Continuity: Review prior filings to confirm if the $0.16 common dividend rate represents a change from previous quarters.