Thursday, October 22, 2009

Today's buy : Anworth Mortgage Asset Corporation (ANH) @ $7.77

ex-dividend date 10/28/09
dividend $0.28 (Yield 14.40%)
payable 11/19/09
Anworth Mortgage Asset Corporation (Anworth) is engaged in the business of investing in United States agency mortgage-backed securities (Agency MBS). The Company seeks long-term investment returns by investing its equity capital and borrowed funds in such securities and other mortgage-related assets. As of December 31, 2008, the Company's portfolio consisted of Agency MBS and Non-Agency mortgage-backed securities (Non-Agency MBS). As of December 31, 2008, approximately 99.9% of its total portfolio was Agency MBS. As of December 31, 2008, the Company had total assets of $5.48 billion. Its Agency MBS portfolio, consisting of $5.3 billion, was distributed as 15% agency adjustable-rate MBS, 65% agency hybrid adjustable-rate MBS, 20% agency fixed-rate MBS and less than 1% agency floating-rate collateralized mortgage obligations (CMOs). Its Non-Agency MBS portfolio consisted of approximately $7.3 million of floating-rate CMOs.

Company Contact
Headquarters:1299 Ocean Avenue
2nd Floor
Santa Monica, CA 90401
Web Address:
http://www.anworth.com

No comments: