Starwood Property Trust, Inc. Announces Quarterly Dividend of $0.48 (NYSE:STWD)

Starwood Property Trust, Inc. (NYSE:STWD) announced a quarterly dividend on Tuesday, June 16th. Shareholders of record on Tuesday, June 30th will be paid a dividend of 0.48 per share by the real estate investment trust on Wednesday, July 15th. This represents a c) dividend on an annualized basis and a yield of 11.3%. The ex-dividend date of this dividend is Tuesday, June 30th.

Starwood Property Trust has a payout ratio of 94.6% indicating that its dividend is currently covered by earnings, but may not be in the future if the company’s earnings decline. Research analysts expect Starwood Property Trust to earn $1.79 per share next year, which means the company may not be able to cover its $1.92 annual dividend with an expected future payout ratio of 107.3%.

Starwood Property Trust Stock Performance

NYSE STWD opened at $16.98 on Wednesday. The firm has a market capitalization of $6.29 billion, a P/E ratio of 17.68, a P/E/G ratio of 2.37 and a beta of 0.98. Starwood Property Trust has a 1-year low of $16.76 and a 1-year high of $21.05. The company has a debt-to-equity ratio of 3.31, a current ratio of 1.57 and a quick ratio of 1.57. The business’s 50-day simple moving average is $17.51 and its 200-day simple moving average is $17.87.

Starwood Property Trust (NYSE:STWD) last released its quarterly earnings data on Friday, May 8th. The real estate investment trust reported $0.39 earnings per share for the quarter, missing the consensus estimate of $0.42 by ($0.03). The firm had revenue of $205.55 million during the quarter, compared to analyst estimates of $496.25 million. Starwood Property Trust had a net margin of 18.11% and a return on equity of 7.91%. The business’s revenue for the quarter was up 22.5% on a year-over-year basis. During the same period in the prior year, the firm earned $0.45 earnings per share. Equities analysts predict that Starwood Property Trust will post 1.57 EPS for the current year.

Starwood Property Trust Company Profile

Starwood Property Trust (NYSE: STWD) is a publicly traded real estate investment trust that specializes in originating, acquiring and managing commercial mortgage loans and other real estate-related investments. The company’s portfolio spans a variety of asset classes, including senior mortgages, mezzanine debt, preferred equity and direct equity investments in commercial properties. By focusing on both debt and equity capital solutions, Starwood Property Trust seeks to generate attractive risk-adjusted returns for its shareholders through a combination of current income and capital appreciation.

Operating primarily in the United States, Starwood Property Trust deploys capital across a broad range of property types, such as multifamily residential, office, retail, hotel and industrial.