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Anworth Mortgage Asset Corp.'s 6.25% Series B Cumulative Convertible Preferred Stock About To Put More Money In Your Pocket


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On 12/28/17, Anworth Mortgage Asset Corp.'s 6.25% Series B Cumulative Convertible Preferred Stock (Symbol: ANH.PRB) will trade ex-dividend, for its quarterly dividend of $0.3906, payable on 1/16/18. As a percentage of ANH.PRB's recent share price of $27.80, this dividend works out to approximately 1.40%, so look for shares of ANH.PRB to trade 1.40% lower - all else being equal - when ANH.PRB shares open for trading on 12/28/17. On an annualized basis, the current yield is approximately 5.62%, which compares to an average yield of 6.39% in the "Real Estate" preferred stock category, according to Preferred Stock Channel . The chart below shows the one year performance of ANH.PRB shares, versus ANH:

Performance Comparison Chart

Below is a dividend history chart for ANH.PRB, showing historical dividends prior to the most recent $0.3906 on Anworth Mortgage Asset Corp.'s 6.25% Series B Cumulative Convertible Preferred Stock :

ANH.PRB+Dividend+History+Chart

According to the ETF Finder at ETF Channel, Anworth Mortgage Asset Corp. (Symbol: ANH) makes up 1323.91% of the PowerShares FTSE RAFI US 1500 Small-Mid Portfolio ETF ( PRFZ ) which is trading relatively unchanged on the day Tuesday.

In Tuesday trading, Anworth Mortgage Asset Corp.'s 6.25% Series B Cumulative Convertible Preferred Stock (Symbol: ANH.PRB) is currently trading flat on the day, while the common shares (Symbol: ANH) are up about 1.1%.

Click here to learn which S.A.F.E. dividend stocks also have preferred shares that should be on your radar screen ยป

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.



This article appears in: Investing
Referenced Symbols: PRFZ , ANH.PRB , ANH



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