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):
Annaly Capital's BV, Dividend, And Valuation Vs. 20 mREIT Peers - Part 1 (Post Q2 2020 Earnings - Continued Attractive...
Dividend Hikes Lift REITs
Reader Favorites And Rogues 8/8 To 9/7 Show 36 Dividend Dogs Ready To Adopt
September's Top Monthly Pay Dividend Stocks And Funds
46 U.S. REITs By Yield And Broker September Target Guesstimates
112 Equities Hiked Dividends In August (Against 32 Reductions) And 35 Signaled Buys
Buy REML And mREITs Because Of High Yields Or Discounts To Book Value
Reader Favorites And Rogues July 8 To August 7 Peg 30 Ripe Dividends For Picking
The Top Monthly Pay Dividend Stocks And Funds For August
43 August U.S. REITs Show Big Gains And Yields

More