Anworth Mortgage Asset Stock To Go Ex-dividend Tomorrow (ANH)

NEW YORK ( TheStreet) -- The ex-dividend date for Anworth Mortgage Asset Corporation (NYSE: ANH) is tomorrow, April 5, 2012. Owners of shares as of market close today will be eligible for a dividend of 21 cents per share. At a price of $6.71 as of 9:30 a.m. ET, the dividend yield is 12.5%.

The average volume for Anworth Mortgage Asset has been 1.4 million shares per day over the past 30 days. Anworth Mortgage Asset has a market cap of $857.4 million and is part of the financial sector and real estate industry. Shares are up 7% year to date as of the close of trading on Tuesday.

Anworth Mortgage Asset Corporation is a publicly owned real estate investment trust. The firm invests in the fixed income and real estate markets of the United States. The company has a P/E ratio of 7.4, above the average real estate industry P/E ratio of seven and below the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates Anworth Mortgage Asset as a hold. The company's strengths can be seen in multiple areas, such as its revenue growth, attractive valuation levels and expanding profit margins. However, as a counter to these strengths, we also find weaknesses including generally poor debt management, weak operating cash flow and a generally disappointing performance in the stock itself. You can view the full Anworth Mortgage Asset Ratings Report.

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