Anworth Mortgage to Pay its First Dividend of 2013

Anworth Mortgage 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.

The article Anworth Mortgage to Pay its First Dividend of 2013 originally appeared on Fool.com.

Fool contributor Eric Volkman has no position in Anworth Mortgage. The Motley Fool has no position in Anworth Mortgage. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.

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