Externally managed REIT Anworth Mortgage Asset announced yesterday its second-quarter dividend of $0.15 per share, the same rate it's paid for the past three quarters after cutting the payout 17% from $0.18 per share. The quarter before that, the REIT had cut the dividend 14% more.

The board of directors said the quarterly dividend is payable on July 29 to the holders of record at the close of business on July 8. The real estate investment trust has made quarterly payouts to investors since 1998. 

The regular dividend payment equates to a $0.60-per-share annual dividend, yielding 10.7% based on the closing price of Anworth Mortgage Asset's stock on June 28.


ANH Dividend Chart

ANH Dividend data by YCharts

The article Anworth Keeps Dividend Steady originally appeared on Fool.com.

Fool contributor Rich Duprey and The Motley Fool have no position in any of the stocks mentioned. Try any of our Foolish newsletter services free for 30 days. We Fools don't 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.

Copyright © 1995 - 2013 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy.


Increase your money and finance knowledge from home

Finding Stock Ideas

Learn to do your research and find investments.

View Course »

Professional Vs Do it Yourself Investing

Should you get advice or DYI?

View Course »

Add a Comment

*0 / 3000 Character Maximum