Business Context and Reporting Period
Company: Redwood Trust, Inc.
Filing Type: Form 8-K (Current Report)
Date of Report: June 11, 2024
Reporting Period: Second Quarter 2024 (Dividend Declaration)
Key Financial Metrics
This filing does not report revenue, profit, cash flow, margins, debt, or liquidity metrics. It is a regulatory disclosure regarding dividend declarations.
- Common Stock Dividend: $0.16 per share
- Preferred Stock (Series A) Dividend: $0.625 per share
Material Changes
The filing announces the Board of Directors' declaration of dividends for the second quarter of 2024. No comparative financial data or material changes to prior periods are provided in this document.
Guidance, Outlook, and Management Commentary
Dividend Payment Schedule:
- Common Stock: Payable on June 28, 2024, to stockholders of record on June 21, 2024.
- Series A Preferred Stock: Payable on July 15, 2024, to stockholders of record on July 1, 2024.
Regulatory Note: The information in Item 7.01 and the attached press release is furnished to, not filed with, the SEC and shall not be incorporated by reference into other filings unless expressly stated.
Investor Verification Checklist
- Verify the record dates (June 21, 2024 for common; July 1, 2024 for preferred) to ensure eligibility for the declared dividends.
- Confirm the payment dates (June 28, 2024 for common; July 15, 2024 for preferred) for cash flow planning.
- Review the attached Exhibit 99.1 (Press Release) for any additional context not included in the 8-K text.
- Note that this filing contains no operational or financial performance data; refer to the most recent 10-Q or 10-K for those metrics.