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On 12/28/16, 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 1/17/17. As a percentage of ANH.PRB's recent share price of $25.85, this dividend works out to approximately 1.51%, so look for shares of ANH.PRB to trade 1.51% lower - all else being equal - when ANH.PRB shares open for trading on 12/28/16. On an annualized basis, the current yield is approximately 6.01%, which compares to an average yield of 7.08% 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:
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 :
According to the ETF Finder at ETF Channel, Anworth Mortgage Asset Corp. (Symbol: ANH) makes up 1.65% of the Mortgage REIT Income ETF ( MORT ) 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 down about 0.6% on the day, while the common shares (Symbol: ANH) are off about 0.6%.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
