8-K
REDWOOD TRUST INC (RWT)
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 OR 15(d) of TheSecurities Exchange Act of 1934
Date of Report (Date of earliest eventreported): December 7, 2021
REDWOOD TRUST, INC.
(Exact name of registrant as specified in its charter)
| Maryland<br><br> <br>(State or other jurisdiction<br> <br><br>of incorporation) | 001-13759<br><br> <br>(Commission<br><br> <br>File Number) | 68-0329422<br><br> <br>(I.R.S. Employer<br><br> Identification<br> No.) |
|---|
One Belvedere Place
Suite 300
Mill Valley, California 94941
(Address of principal executive offices and Zip Code)
(415) 389-7373
(Registrant’s telephone number, including area code)
Not Applicable
(Former name or former address, if changed since last report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):
| ¨ | Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
|---|---|
| ¨ | Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
| --- | --- |
| ¨ | Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
| --- | --- |
| ¨ | Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
| --- | --- |
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 or Rule 12b-2 of the Securities Exchange Act of 1934.
Emerging growth company ¨
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ¨
Securities registered pursuant to Section 12(b) of the Act:
| Title of each class | Trading symbol(s) | Name of each exchange on which registered |
|---|---|---|
| Common stock, par value $0.01 per share | RWT | New York Stock Exchange |
| Item 7.01. | Regulation FD Disclosure. | |
| --- | --- |
On December 7, 2021, Redwood Trust, Inc. issued a press release announcing its Board of Directors’ authorization to declare a fourth quarter regular dividend of $0.23 per share. The fourth quarter 2021 dividend is payable on December 28, 2021 to stockholders of record on December 17, 2021.
The information contained in this Item 7.01 and the attached Exhibit 99.1 is furnished to and not filed with the Securities and Exchange Commission, and shall not be incorporated by December 7 reference into any registration statement or other document filed under the Securities Act of 1933, as amended, or the Securities Exchange Act of 1934, as amended, except as shall be expressly set forth by specific reference in such filing.
| Item 9.01. | Financial Statements and Exhibits. |
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(d) Exhibits
| Exhibit 99.1 | Press Release dated December 7, 2021 |
|---|---|
| 104 | Cover Page Interactive Data File (embedded within the Inline XBRL document). |
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.
| Date: December 7, 2021 | REDWOOD TRUST, INC. | |
|---|---|---|
| By: | /s/<br> Brooke E. Carillo | |
| Name: Brooke E. Carillo | ||
| Title: Chief<br> Financial Officer |
**Exhibit 99.**1

REDWOODTRUST ANNOUNCES DIVIDEND INCREASE OF 9.5% TO $0.23 PER SHARE FOR THE Fourth QUARTER OF 2021
MILL VALLEY, CA – Tuesday, December07, 2021 /PRNewswire/ – Redwood Trust, Inc. (NYSE: RWT), a leader in expanding access to housing for homebuyers and renters, today announced that its Board of Directors authorized a 9.5% increase in the company's quarterly common stock dividend to $0.23 per share for the fourth quarter of 2021, up from $0.21 per share for the third quarter of 2021. This is the company's 90th consecutive quarterly dividend. The fourth quarter 2021 dividend is payable on December 28, 2021 to stockholders of record on December 17, 2021.
"We are pleased to close out this transformative year with our fourth consecutive quarterly dividend increase for 2021. Our dividend is reflective of our commitment to deliver long-term, sustainable value for our shareholders," said Christopher J. Abate, Chief Executive Officer of Redwood Trust.
About Redwood Trust
Redwood Trust, Inc. (NYSE: RWT) is a specialty finance company focused on several distinct areas of housing credit. 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 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 shares. Our consolidated investment portfolio has evolved to incorporate a diverse mix of residential, business purpose and multifamily investments. Our goal is to provide attractive returns to shareholders through a stable and growing stream of earnings and dividends, capital appreciation, and a commitment to technological innovation that facilitates risk-minded scale. Since going public in 1994, we have managed our business through several cycles, built a track record of innovation, and a best-in-class reputation for service and a common-sense approach to credit investing. Redwood Trust is internally managed, and structured as a real estate investment trust ("REIT") for tax purposes. For more information about Redwood, please visit our website at www.redwoodtrust.com or connect with us on LinkedIn,Twitter, or Facebook.
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CONTACT
Investor Relations
Lisa Hartman – SVP, Head of Investor Relations
Phone: 866-269-4976
Email: investorrelations@redwoodtrust.com
Media Relations
Sard Verbinnen & Co
Email: Redwood-SVC@sardverb.com
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