Anworth Mortgage Asset Corp Reit (NYSE:ANH) announced a quarterly dividend on Monday, September 17th, Wall Street Journal reports. Investors of record on Friday, September 28th will be given a dividend of 0.14 per share by the real estate investment trust on Monday, October 29th. This represents a $0.56 annualized dividend and a yield of 11.64%. The ex-dividend date is Thursday, September 27th.
Anworth Mortgage Asset Corp Reit has raised its dividend payment by an average of 6.3% annually over the last three years.
ANH stock traded up $0.05 during trading on Monday, hitting $4.81. 561,344 shares of the company’s stock were exchanged, compared to its average volume of 573,690. The stock has a market cap of $476.12 million, a price-to-earnings ratio of 9.31 and a beta of 0.04. Anworth Mortgage Asset Corp Reit has a 52-week low of $4.55 and a 52-week high of $6.20. The company has a quick ratio of 20.90, a current ratio of 20.90 and a debt-to-equity ratio of 1.16.
Anworth Mortgage Asset Corp Reit (NYSE:ANH) last posted its earnings results on Thursday, August 2nd. The real estate investment trust reported $0.13 earnings per share for the quarter, missing the consensus estimate of $0.14 by ($0.01). The business had revenue of $12.39 million for the quarter. Anworth Mortgage Asset Corp Reit had a return on equity of 10.47% and a net margin of 27.61%.
Separately, ValuEngine upgraded Anworth Mortgage Asset Corp Reit from a “sell” rating to a “hold” rating in a research note on Friday, June 29th.
About Anworth Mortgage Asset Corp Reit
Anworth Mortgage Asset Corporation operates as a real estate investment trust (REIT) in the United States. It primarily invests in, finances, and manages a leveraged portfolio of residential mortgage-backed securities and loans that are guaranteed by government-sponsored enterprises, such as the Federal National Mortgage Association or the Federal Home Loan Mortgage Corporation.
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