Anworth Mortgage Asset Corp. (ANH - Get Report) has been named as a Top 10 Real Estate Investment Trust (REIT), according to Dividend Channel, which published its most recent ''DividendRank'' report. The report noted that among REITs, ANH shares displayed both attractive valuation metrics and strong profitability metrics. For example, the recent ANH share price of $4.85 represents a price-to-book ratio of 0.8 and an annual dividend yield of 12.37% — by comparison, the average stock in Dividend Channel's coverage universe yields 3.6% and trades at a price-to-book ratio of 2.2. The report also cited the strong quarterly dividend history at Anworth Mortgage Asset Corp., and favorable long-term multi-year growth rates in key fundamental data points.The report stated, '' Dividend investors approaching investing from a value standpoint are generally most interested in researching the strongest most profitable companies, that also happen to be trading at an attractive valuation. That's what we aim to find using our proprietary DividendRank formula, which ranks the coverage universe based upon our various criteria for both profitability and valuation, to generate a list of the top most 'interesting' stocks, meant for investors as a source of ideas that merit further research.'' REITs hold a special place in the hearts of dividend investors, because they must distribute at least 90% of their taxable income each year to shareholders as dividends. While this can make for a high dividend yield, it also introduces some volatility and uncertainty into the level of payments from year to year — huge dividend payouts are common when a REIT turns large profits, versus smaller payouts or even periods of no dividends in times of losses. The current annualized dividend paid by Anworth Mortgage Asset Corp. is $0.6/share, currently paid in quarterly installments, and its most recent dividend ex-date was on 03/28/2018. Below is a long-term dividend history chart for ANH, which the report stressed as being of key importance. Indeed, studying a company's past dividend history can be of good help in judging whether the most recent dividend is likely to continue.
TheStreet’s Fundamentals of Investing Course will teach you the keys to making the right decisions in any market.
TheStreet’s Personal Finance Essentials Course will teach you money management basics and investing strategies to help you avoid major financial pitfalls.
TheStreet Courses offers dedicated classes designed to improve your investing skills, stock market knowledge and money management capabilities.
More from Stocks
Charles Schwab Shares Pop on Second-Quarter Earnings and Revenue Beat
Clients opened almost 400,000 accounts in Q2, bringing the total at the firm to 12 million.
Complacent Market Players Keep It Chill -- as Sparks Fly All 'Round
It is still a surprisingly sedate market, despite indexes sitting close to all-time highs, earnings season, possible interest-rate cuts and endless speculation about China trade.
Domino's Drops as Second-Quarter Revenues Miss Estimates
The world's top pizza chain earned $2.19 per share in the quarter versus expectations for $1.78. But total sales came in short of expectations.
Dow Ends Lower; Stocks Slip as Trump Fans China Trade Worries
The Dow ends down after reaching an intraday day Tuesday as President Trump says the U.S. and China have `a long way to go' before reaching a trade agreement.