RWT-P-A: REDWOOD TRUST INC 10% Series A Preferred Stock
REDWOOD TRUST INC's RWT-P-A is an exchange-traded preferred stock in the REIT - Diversified sector.
At a recent price of $24.42, RWT-P-A yields 10.24% on its $25 liquidation preference and 10% coupon.
It trades at a discount of 2.3% to par.
The issue is cumulative, perpetual (no stated maturity), callable on or after 2028-04-15.
Distributions are paid quarterly.
Figures are derived from market data and SEC filings; confirm details in the prospectus before investing.