Owens Realty Mortgage Inc (NYSEAMERICAN:ORM) declared a quarterly dividend on Friday, December 15th, Wall Street Journal reports. Stockholders of record on Sunday, December 31st will be given a dividend of 0.10 per share by the financial services provider on Friday, January 12th. This represents a $0.40 dividend on an annualized basis and a dividend yield of 2.50%. The ex-dividend date is Thursday, December 28th.

Owens Realty Mortgage (ORM) traded down $0.01 during trading on Friday, hitting $15.99. The stock had a trading volume of 11,600 shares, compared to its average volume of 21,541. Owens Realty Mortgage has a 52 week low of $15.26 and a 52 week high of $19.16.

Separately, TheStreet lowered Owens Realty Mortgage from a “b” rating to a “c+” rating in a research note on Monday, December 4th.

A hedge fund recently raised its stake in Owens Realty Mortgage stock. State Street Corp raised its holdings in shares of Owens Realty Mortgage Inc (NYSEAMERICAN:ORM) by 5.7% in the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 160,047 shares of the financial services provider’s stock after purchasing an additional 8,659 shares during the quarter. State Street Corp’s holdings in Owens Realty Mortgage were worth $2,714,000 at the end of the most recent quarter.

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About Owens Realty Mortgage

Owens Realty Mortgage, Inc is a specialty finance company that focuses on the origination, investment and management of commercial real estate loans, primarily in the Western United States. The Company’s segments include commercial real estate, residential real estate and land loans. The Company provides short-term loans to small and middle-market investors and developers that require speed and flexibility.

Dividend History for Owens Realty Mortgage (NYSEAMERICAN:ORM)

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