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Home Loan Servicing Solutions (NASDAQ:HLSS) announced a monthly dividend on Friday, January 17th, AmericanBankingNews.com reports. Stockholders of record on Friday, January 31st will be paid a dividend of 0.15 per share on Monday, February 10th. This represents a $1.80 annualized dividend and a dividend yield of 8.02%. The ex-dividend date is Wednesday, January 29th.

Home Loan Servicing Solutions (NASDAQ:HLSS) traded up 0.81% during mid-day trading on Friday, hitting $22.44. 285,109 shares of the company’s stock traded hands. Home Loan Servicing Solutions has a one year low of $19.61 and a one year high of $25.59. The stock has a 50-day moving average of $23.01 and a 200-day moving average of $23.31. The company has a market cap of $1.594 billion and a P/E ratio of 11.92.

Home Loan Servicing Solutions, Ltd is a development-stage company. The Company is formed to acquire mortgage servicing assets, primarily subprime and Alt-A mortgage servicing rights and associated servicing advances.

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