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CYS Investments (NYSE:CYS) declared a quarterly dividend on Monday, June 9th, American Banking and Market News reports. Shareholders of record on Tuesday, June 24th will be given a dividend of 0.32 per share on Wednesday, July 16th. This represents a $1.28 dividend on an annualized basis and a yield of 13.94%.

CYS has been the subject of a number of recent research reports. Analysts at Nomura raised their price target on shares of CYS Investments from $9.00 to $9.50 in a research note on Monday, May 12th. On a related note, analysts at Compass Point downgraded shares of CYS Investments from a “buy” rating to a “neutral” rating in a research note on Monday, March 24th. They now have a $9.50 price target on the stock, down previously from $10.00. Finally, analysts at Zacks upgraded shares of CYS Investments from an “underperform” rating to a “neutral” rating in a research note on Wednesday, March 12th. They now have a $8.80 price target on the stock. Two analysts have rated the stock with a sell rating, seven have assigned a hold rating and one has issued a buy rating to the company’s stock. CYS Investments currently has a consensus rating of “Hold” and a consensus price target of $9.58.

CYS Investments (NYSE:CYS) traded up 0.66% on Monday, hitting $9.18. 3,600,456 shares of the company’s stock traded hands. CYS Investments has a 52-week low of $6.74 and a 52-week high of $10.87. The stock’s 50-day moving average is $8.82 and its 200-day moving average is $8.31. The company’s market cap is $1.488 billion.

CYS Investments (NYSE:CYS) last released its earnings data on Monday, April 21st. The company reported $0.35 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.33 by $0.02. The company had revenue of $80.20 million for the quarter, compared to the consensus estimate of $91.55 million. During the same quarter last year, the company posted $0.32 earnings per share. CYS Investments’s revenue was down 12.5% compared to the same quarter last year.

CYS Investments, Inc is a specialty finance company created with the objective of achieving consistent risk-adjusted investment income.

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