STWD

– Quarterly GAAP Loss of $1.08, Distributable Earnings (DE) of $0.31 and DE Prior to Realized Commercial Lending Gains and Losses of $0.41 per Diluted Share – – Invested $3.2 Billion in the Quarter and $8.2 Billion in the 9 Months – – Investments include $2.4 Billion in Commercial Lending, Highest in Four Years, Bringing Portfolio to a Record $17.8 Billion – – Repurchased $108 Million of Common Shares in the Quarter – – Fitch Reaffirmed their Highest Rating for LNR's Commercial Special Servicer (CSS1) – –  Dividend of $0.48 per Share – MIAMI, Nov. 6, 2026 /PRNewswire/ -- Starwood Property Trust, Inc. (NYSE: STWD) today announced operating results for the fiscal quarter ended September 30, 2026. The Company reported a third quarter GAAP net loss of $389.7 million, inclusive of a $336.6 million credit loss provision and $32.2 million of non-cash property impairments, and Distributable Earnings (a non-GAAP financial measure) was $116.8 million.

Four stocks quietly paying over 10% sound too good to be true, but the real question is which ones actually earn their payouts and which are one bad quarter away from a cut.

Starwood Property Trust offers a 15.3% dividend yield, but distributable earnings fall short, resulting in a 132% payout ratio and high risk of a cut. STWD's diversified platform - commercial, residential, infrastructure lending, and property - faces credit headwinds, particularly in multifamily, and underperformance in its net lease segment. Leverage is elevated at 9.5x debt-to-EBITDA and a 71% debt ratio, further constraining financial flexibility compared to peers.

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STWD remains a Hold as earnings continue to fall short of the dividend, pressured by its net lease acquisition. STWD's Fundamental Income acquisition has been dilutive, with earnings covering only 83% of the dividend and limited growth prospects. Rising interest rates and underperforming commercial loans further challenge STWD's ability to sustain its current payout and book value.

MIAMI, Oct. 12, 2026 /PRNewswire/ -- Starwood Property Trust (NYSE: STWD) today announced that the Company will release its third quarter 2026 financial results on Friday, November 6, 2026, before the opening of trading on the New York Stock Exchange. A conference call will be held on Friday, November 6, 2026, at 10:00 a.m.

The Dividend Harvesting Portfolio achieved a 0.76% weekly gain, with a 38.91% ROI and forward dividend income now at $3,401.43. I continue to add to REITs and dividend-rich names like STWD and VZ, capitalizing on rate-driven weakness and elevated yields. Portfolio composition is shifting, with a focus on balancing sector weights and increasing individual equity allocations over time.

Some mortgage REITs have quietly paid the same dividend through recessions, rate shocks, and market chaos, while others with even bigger yields are one bad quarter away from a cut. Knowing which is which changes everything.

A yield topping 20% sounds like a windfall until you see what drove the price low enough to produce it. Six stocks are flashing warning signs that most income investors never check before buying.

The Dividend Harvesting Portfolio, now at $40,514.71, emphasizes income growth over capital appreciation, achieving an 8.35% forward yield and 38.75% ROI on invested capital. I strategically added to Starwood Property Trust (STWD) and Cohen & Steers Infrastructure Fund (UTF), capitalizing on rate-driven pullbacks and elevated yields. Portfolio restructuring has flattened position sizes, reduced concentration risk, and enhanced dividend compounding, with no single holding exceeding 4% of the portfolio.