Anworth Mortgage to Pay its First Dividend of 2013

The mortgage REIT keeps its payout level.

Eric Volkman
Eric Volkman
Mar 28, 2013 at 5:21PM
Financials

Anworth Mortgage (NYSE:ANH) is to reward its shareholders with a dividend for its fiscal Q1 2013. The company will distribute $0.15 per share of its common stock on April 29 to shareholders of record as of April 8. This amount matches that of the previous two disbursements, the latest of which was paid in December. Prior to that, Anworth handed out $0.18 per share.

The company has been consistent in paying dividends, although the amounts tend to fluctuate. Since the beginning of 2009, those payouts have ranged from the current level, to $0.32.

The just-announced dividend annualizes to $0.60 per share. That yields 9.5% at Anworth Mortgage's current stock price of $6.33.