Breaking News: Angel Oak Mortgage Declares Dividend – Is Your Portfolio Ready?

Breaking News: Angel Oak Mortgage Declares Dividend – Is Your Portfolio Ready? – Get the details here in this article. Angel Oak Mortgage, Inc., a real estate finance company, focuses on acquiring and investing in first-lien non-qualified mortgage loans and other mortgage-related assets in the United States mortgage market. and has announced a dividend payout of $0.32 per stock.

This dividend announcement comes after a strong performance by the company in the fiscal year 2022, with Angel Oak Mortgage reporting total revenue of -157.95 million USD with a total net loss of -187.85 million USD. The company’s total revenue from operations also saw healthy growth.

The dividend announcement is a reflection of Angel Oak Mortgage’s strong financial performance and its commitment to creating value for its shareholders. Investors who are looking for long-term investments with consistent dividend income can consider adding Angel Oak Mortgage to their investment portfolio.

The dividend payout of $0.32 per stock represents a dividend yield of approximately 16.28% based on Angel Oak Mortgage’s current market price of $7.96 per stock.

Investors who hold Angel Oak Mortgage stocks are likely to benefit from this announcement as they will receive the dividend payout. Angel Oak Mortgage’s dividend announcement is expected to be well-received by its investors, as it indicates the company’s commitment to sharing its profits with its shareholders.

The ex-dividend date is 19 May 2023. Therefore, investors who wish to receive the dividend must purchase Angel Oak Mortgage stocks before 19 May 2023.

Angel Oak Mortgage Dividend History | Breaking News: Angel Oak Mortgage Declares Dividend – Is Your Portfolio Ready?

Angel Oak Mortgage Dividend – The current dividend yield of Angel Oak Mortgage is 16.28%.

DividendAmountDate
Cash Dividend$0.320Mar 21, 2023
Cash Dividend$0.320Nov 21, 2022
Cash Dividend$0.450Aug 19, 2022
Cash Dividend$0.450May 20, 2022
Cash Dividend$0.450Mar 21, 2022
Cash Dividend$0.360Nov 19, 2021

Dividend Stocks 2023

Angel Oak Mortgage, Inc., a real estate finance company, focuses on acquiring and investing in first-lien non-qualified mortgage loans and other mortgage-related assets in the United States mortgage market.

Angel Oak Mortgage management:

Treasurer and Chief Financial Officer – Brandon Robert Filson

Website: angeloakreit.com

Conclusion

In conclusion, Angel Oak Mortgage’s dividend announcement of $0.32 is a positive development for investors who hold stocks in the company. Investors should take note of the ex-dividend date of 19 May 2023, and consider adding Angel Oak Mortgage to their investment portfolio for long-term growth and consistent dividend income.

Disclaimer: This is not investment advice, this information is only for educational purposes.

FAQ | Best Dividend Stocks 2023

Is Angel Oak Mortgage a good investment?

As per experts, Angel Oak Mortgage looks suitable for long-term investment.

Is Angel Oak Mortgage Government or Private?

Angel Oak Mortgage is a private company.

Is Angel Oak Mortgage a dividend-paying stock?

Yes, Angel Oak Mortgage is a dividend-paying stock. The current dividend yield of Angel Oak Mortgage is 16.28%.

What does Angel Oak Mortgage do?

Angel Oak Mortgage, Inc., a real estate finance company, focuses on acquiring and investing in first-lien non-qualified mortgage loans and other mortgage-related assets in the United States mortgage market.

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