Anworth Mortgage Asset's Series A Preferred Stock Shares Cross 8.5% Yield Mark

In trading on Thursday, shares of Anworth Mortgage Asset Corp.'s 8.625% Series A Cumulative Preferred Stock ( ANH.PRA) were yielding above the 8.5% mark based on its quarterly dividend (annualized to $2.1562), with shares changing hands as low as $25.01 on the day. This compares to an average yield of 7.30% in the "Real Estate" preferred stock category, according to Preferred Stock Channel. As of last close, ANH.PRA was trading at a 1.92% premium to its liquidation preference amount, versus the average discount of 1.49% in the "Real Estate" category.

The chart below shows the one year performance of ANH.PRA shares, versus ANH:

Performance Comparison Chart

Below is a dividend history chart for ANH.PRA, showing historical dividend payments on Anworth Mortgage Asset Corp.'s 8.625% Series A Cumulative Preferred Stock :

ANH.PRA+Dividend+History+Chart

In Thursday trading, Anworth Mortgage Asset Corp.'s 8.625% Series A Cumulative Preferred Stock ( ANH.PRA) is currently up about 0.8% on the day, while the common shares ( ANH) are trading flat.

If you liked this article you might like

Use a Value Momentum Investing Strategy This Year

3 Sell-Rated Dividend Stocks: CELP, FSAM, ANH

What To Sell: 3 Sell-Rated Dividend Stocks ANH, OAKS, GOOD

Tomorrow's Ex-Dividends To Watch: ANH, AKR, PPS

What To Sell: 3 Sell-Rated Dividend Stocks DLNG, ANH, HMLP