NYSE:STWDMortgage REITs
Starwood Property Trust Buyback And Dividend Coverage Shape Shareholder Appeal
Starwood Property Trust (NYSE:STWD) has authorized a new $400 million share repurchase program.
Management reported stronger earnings and improved dividend coverage alongside the buyback announcement.
The company highlighted these capital allocation moves as a key update for current and prospective shareholders.
Starwood Property Trust is drawing fresh attention with its new buyback and dividend coverage update at a time when the shares trade around $17.22. The stock has seen a 34.7% total...