◆ Preferred Stock Research

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RWTN

REDWOOD TRUST INC · REIT - Diversified
$24.69
last price

About this security

RWTN is a baby bond (an exchange-traded $25 debt note) issued by REDWOOD TRUST INC, a REIT - Diversified issuer. Current yield 9.24%.

REDWOOD TRUST INC: Introduction Redwood Trust, Inc., together with its subsidiaries, is a specialty finance company focused on several distinct areas of housing credit, with a mission to make quality housing, whether rented or owned, accessible to all American households. Our operating platforms occupy a unique position in the housing finance value chain, providing liquidity to growing segments of the U.S. housing market not well served by government programs. We deliver customized housing credit investments to a diverse mix of investors through our best-in-class securitization platforms, whole-loan distribution activities and our publicly-traded securities. Our aggregation, origination, and investment activities have evolved to incorporate a diverse mix of residential consumer and residential investor housing credit assets. We operate our business across four reportable segments: Sequoia Mortgage Banking, CoreVest Mortgage Banking, Redwood Investments, and Legacy Investments. Our goal is to provide attractive returns to shareholders through a stable and growing stream of earnings and dividends, capital appreciation, and a continued commitment to technological innovation that supports disciplined, risk‑minded growth. Our primary sources of income are net interest income from our investments and non-interest income from our mortgage banking activities. Net interest income primarily consists of the interest income we earn on investments, less the interest expense we incur on borrowed funds and other liabilities.

Issuer page — all REDWOOD TRUST INC securities & profile →

Key Stats structural terms pending prospectus match consistency checks passed — not source-verified

Current Yield
9.24%
Annual Interest
$2.2812
Recent Market Price
$24.69
as of 2026-06-15
Disc/Prem to Par (→ screen)
Recent Ex-Date
2026-05-15
Pay Frequency
quarterly
Original Coupon
Call Date
Yield to Call
n/a — par pending
Yield to Worst
9.24%
Principal Amount
par pending
Maturity
Redeemable
No
Convertible
No
Issued
2024-02-02

vs. REIT - Diversified category (121 issues): yield 9.24% vs avg 8.19%

⚠ Liquidation preference not yet confirmed from the prospectus ("par pending"), so premium/discount and yield-to-call are withheld rather than computed from an assumed value. Price, yield, and dividends are exact from the market feed.

Quote

 RWTN (preferred)RWT (common)
Last $24.69 $5.25
Change
Open$24.45$5.19
High / Low $24.69 / $24.45 $5.29 / $5.16
Prev Close
Volume1,652971,270
52-Week High / Low $25.77 / $23.45 $6.97 / $5.00

52-week range based on available history. Shares outstanding / market cap require a fundamentals feed (not in current data plan).

Price

RWTN RWT (common)

Dividend History

Ex-DateAmount / Share
2026-05-15$0.570300
2026-02-13$0.570300
2025-11-14$0.570300
2025-08-15$0.570300
2025-05-15$0.570300
2025-02-14$0.570300
2024-11-15$0.570313
2024-08-15$0.570300
2024-05-14$0.817400

Performance — $10K Calculator

See what an investment in RWTN would be worth today, dividends reinvested.

Dividends reinvested (DRIP) at the close on each ex-date. Full performance page →

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Other Securities from REDWOOD TRUST INC

SymbolTypeCouponPriceYield
RWT-P-A preferred 10.000% 24.29 10.29%

News — REDWOOD TRUST INC

Issuer news via Tiingo, tagged to RWT.

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About this site

This site tracks preferred stocks and baby bonds — investments that pay regular, scheduled dividends. Every figure shown is drawn from companies' SEC filings and live market quotes.

What you're looking at
A preferred stock sits between a common stock and a bond. It usually trades near a $25 face value and pays a fixed dividend on a set schedule. Baby bonds are similar, but they are debt that matures on a stated date.
Key terms
YieldAnnual income as a % of the price. Higher means more income — but check why a yield is unusually high.
ParThe face value, almost always $25 — the price the company can redeem the share at.
Discount / PremiumWhether the share trades below par (a discount) or above it (a premium).
Call dateThe first date the company is allowed to buy the share back from you at par.
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