This year, Starwood is forecast to pay $546 million in dividends, eclipsing the $528 million in net interest income. That's certainly better than last year, when it paid $538 million - which was nearly double the company's net interest income. You can see from the chart that Starwood Property Trust pays shareholders more than it makes. That is not sustainable... The company has never cut its dividend since it began paying one in 2010, and it has maintained the $0.48 per share quarterly payout since 2014. That is somewhat impressive, especially considering Starwood hasn't been able to actually afford that dividend in years. Will the next 12 months be the time that Starwood Property Trust finally has to face the music and cut its dividend? Hard to say. Management has clearly stated it will do whatever it can to continue to pay shareholders, but the numbers simply don't work. It will have to continue to raise or borrow money, like it often does, to sustain the dividend. So while the company's commitment to the dividend is admirable, the dividend has to be considered at-risk. Dividend Safety Rating: D If you have a stock whose dividend you'd like me to analyze, leave the ticker symbol in the comments section. You can also see if I've written about your favorite stock recently by typing in the name of the company in the search box on WealthyRetirement.com. Just click on the magnifying glass at the top right part of the page. Good investing, Marc | 
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