Anworth Mortgage Asset Corporation (ANH) to Issue Quarterly Dividend of $0.15
Anworth Mortgage Asset Corporation (NYSE:ANH) declared a quarterly dividend on Monday, December 18th, Wall Street Journal reports. Investors of record on Friday, December 29th will be paid a dividend of 0.15 per share by the real estate investment trust on Monday, January 29th. This represents a $0.60 annualized dividend and a yield of 10.62%. The ex-dividend date of this dividend is Thursday, December 28th.
Anworth Mortgage Asset has raised its dividend by an average of 1.7% per year over the last three years and has raised its dividend every year for the last 2 years.
Shares of Anworth Mortgage Asset (NYSE ANH) traded down $0.01 during trading on Monday, reaching $5.65. The company had a trading volume of 705,770 shares, compared to its average volume of 603,661. The stock has a market capitalization of $555.31, a price-to-earnings ratio of 10.88 and a beta of 0.19. Anworth Mortgage Asset has a 52 week low of $5.07 and a 52 week high of $6.35. The company has a quick ratio of 46.47, a current ratio of 46.47 and a debt-to-equity ratio of 1.17.
Separately, ValuEngine upgraded Anworth Mortgage Asset from a “buy” rating to a “strong-buy” rating in a research report on Wednesday, September 6th.
Anworth Mortgage Asset Company Profile
Anworth Mortgage Asset Corporation is a real estate investment trust (REIT). The Company’s investment objective is to provide risk-adjusted total returns to its stockholders over the long-term primarily through dividends and secondarily through capital appreciation. Its strategy is to invest in residential mortgage-backed securities (MBS) (both Agency MBS and Non-Agency MBS), residential mortgage loans and residential rental properties.
Receive News & Ratings for Anworth Mortgage Asset Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Anworth Mortgage Asset and related companies with MarketBeat.com's FREE daily email newsletter.