Dividend-News

Daily dividend news for investors in dividend stocks


Mortgage REIT Dividend Raises Underway

Published Tue, 15 Sep 2020 22:44:19 -0400 on Seeking Alpha

Seeking AlphaREITsMortgage REIT Dividend Raises UnderwaySep. 15, 2020 10:44 PM ET|| Includes: AGNC, AGNCM, AGNCN, AGNCO, AGNCP, AI, AI.PB, AI.PC, AIC, AIW, ANH, ANH.PA, ANH.PB, ANH.PC, ARR, ARR.PC, CHMI, CHMI.PA, CHMI.PB, CIM, CIM.PA, CIM.PB, CIM.PC, CIM.PD, CMO, CMO.PE, DX, DX.PB, DX.PC, EFC, EFC.PA, IVR, IVR.PA, IVR.PB, IVR.PC, MFA, MFA.PB, MFA.PC, MFO, MITT, MITT.PA, MITT.PB, MITT.PC, MORT, NLY, NLY.PD, NLY.PF, NLY.PG, NLY.PI, NRZ, NRZ.PA, NRZ.PB, NRZ.PC, NYMT, NYMTM, NYMTN, NYMTO, NYMTP, ORC, PMT, PMT.PA, PMT.PB, REM, TWO, TWO.PA, TWO.PB, TWO.PC, TWO.PD, TWO.PE, WMCby: Colorado Wealth Management FundColorado Wealth Management Fund The REIT ForumThe #1 REIT Service Measured By Total ReturnsSummaryDiscounts to book value (or NAV) are the start of your mortgage REIT analysis, but not the end.
In this series, we’re providing readers with the discounts to trailing book values throughout the sector and a few notes on the current environment.
When we provide an index card for an individual mortgage REIT, it includes our most recent estimate on book values.
New York Mortgage Trust just announced a 50% dividend increase, going from $.05 per quarter to $.075 per quarter. We're repeating our bullish rating on the stock.
New Residential Investment Corp. announced a new source of funding at a substantially lower rate.
This research report was produced by The REIT Forum with assistance from Big Dog Investments.
The topics we discuss are going to be extremely relevant to the residential mortgage REITs. The table below uses BV as of Q2 2020 (if the company has reported earnings):
Ticker
Company Name
Focus
Price-to-Trailing BV
BV Q2 2020
Price
ORC
Orchid Island Capital
Agency
0.98
$5.22
$5.11
DX
Dynex Capital
Agency
0.94
$16.69
$15.73
AGNC
American Capital Agency Corp.
Agency
0.91
$15.86
$14.49
CMO
Capstead Mortgage Corporation
Agency
0.89
$6.79
... Read more

Stock name Last trade   P/E Earnings/Share Dividend/Share Dividend yield
ORCHID ISLAND CAPITAL 5.58   0.0 -0.29 0.96 17.75
ARLINGTON ASSET INVESTMENT 5.55   0.0 -1.21 0.90 16.58
CHERRY HILL MORTGAGE INVESTMENT 13.52   0.0 -3.91 1.60 14.40
ANNALY CAPITAL MANAGEMENT 8.60   0.0 -3.32 1.20 14.00
NEW RESIDENTIAL INVESTMENT 14.98   18.0 0.83 2.00 13.28
ANWORTH MORTGAGE ASSET 3.39   0.0 -0.98 0.44 13.17
NEW YORK MORTGAGE TRUST 6.14   12.0 0.51 0.80 12.74
WESTERN ASSET MORTGAGE CAPITAL 9.83   10.7 0.92 1.24 12.58
AMERICAN CAPITAL AGENCY 15.64   0.0 -1.54 1.92 12.21
DYNEX CAPITAL 15.16   0.0 -10.26 1.80 12.06
ARMOUR RESIDENTIAL REIT 17.26   0.0 -9.30 2.04 12.03
TWO HARBORS INVESTMENT 13.28   0.0 -2.81 1.60 12.02
INVESCO MORTGAGE CAPITAL 15.18   0.0 -1.01 1.80 11.80
AG MORTGAGE INVESTMENT TRUST 17.47   6.1 2.87 1.90 10.89
MFA FINANCIAL 7.39   10.4 0.71 0.80 10.81
CHIMERA INVESTMENT 19.57   21.5 0.91 2.00 10.23
ELLINGTON FINANCIAL 17.90   16.3 1.10 1.68 9.44
PENNYMAC MORTGAGE INV TRUST 22.24   9.5 2.35 1.88 8.50
CAPSTEAD MORTGAGE 7.41   0.0 -0.86 0.48 6.58
ISHARES FTSE NAREIT MORTG PLUS CAPPED INDEX FUND 41.97   0.0 0.00 0.00 0.00

ORCHID ISLAND CAPITAL - ORC
ORCHID ISLAND CAPITAL - ORC  


Older articles featuring Orchid Island Capital (ORC):
Orchid Island Capital Announces November 2022 Monthly Dividend and October 31, 2022 Rmbs Portfolio Characteristics
Orchid Island Capital Announces Estimated Third Quarter 2022 Results, October 2022 Monthly Dividend, Increase in Stock...
Orchid Island Capital Alerts Stockholders to Dividend Payment Issue
Orchid Island Capital Announces September 2022 Monthly Dividend and August 31, 2022 RMBS Portfolio Characteristics
Orchid Island Capital Announces One-for-five Reverse Stock Split, August 2022 Monthly Dividend and July 31, 2022 RMBS...
Orchid Island Capital Announces Estimated Second Quarter 2022 Results, July 2022 Monthly Dividend and June 30, 2022...
Orchid Island Capital Announces June 2022 Monthly Dividend and May 31, 2022 RMBS Portfolio Characteristics
Orchid Island Capital Announces May 2022 Monthly Dividend and April 30, 2022 RMBS Portfolio Characteristics
Orchid Island Capital Announces Estimated First Quarter 2022 Results, April 2022 Monthly Dividend and March 31, 2022...
Orchid Island Capital Announces March 2022 Monthly Dividend, and February 28, 2022 Rmbs Portfolio Characteristics

More