Anworth Mortgage Asset Corp Reit (NYSE:ANH) announced a quarterly dividend on Friday, March 15th, Wall Street Journal reports. Investors of record on Friday, March 29th will be given a dividend of 0.13 per share by the real estate investment trust on Monday, April 29th. This represents a $0.52 annualized dividend and a yield of 12.68%. The ex-dividend date is Thursday, March 28th.
Anworth Mortgage Asset Corp Reit has decreased its dividend by an average of 0.6% per year over the last three years.
NYSE:ANH traded down $0.01 during trading hours on Friday, hitting $4.10. The company’s stock had a trading volume of 4,439,591 shares, compared to its average volume of 519,865. The firm has a market capitalization of $406.07 million, a PE ratio of 8.45 and a beta of 0.37. The company has a quick ratio of 24.76, a current ratio of 24.76 and a debt-to-equity ratio of 1.24. Anworth Mortgage Asset Corp Reit has a twelve month low of $3.98 and a twelve month high of $5.23.
Several equities analysts have commented on ANH shares. Credit Suisse Group downgraded Anworth Mortgage Asset Corp Reit from a “neutral” rating to an “underperform” rating and dropped their target price for the company from $4.25 to $4.00 in a research report on Monday, January 28th. TheStreet downgraded Anworth Mortgage Asset Corp Reit from a “c” rating to a “d” rating in a research report on Friday, February 15th.
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Anworth Mortgage Asset Corp Reit Company Profile
Anworth Mortgage Asset Corp. operates as a real estate investment trust. It invests in finance and manages a leveraged portfolio of mortgaged-backed securities such as agency and non-agency mortgage-backed securities and residential mortgage loans through consolidated securitization trust. . The company was founded on October 20, 1997 and is headquartered in Santa Monica, CA.
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