American Capital Agency (AGNC)- Yield 20%
American Capital Agency Corp. (AGNC) is a real estate investment trust (REIT). AGNC earns income primarily from investing in residential mortgage pass-through securities and collateralized mortgage obligations. These investments consist of securities, for which the principal and interest payments are guaranteed by United States Government-sponsored entities, such as the Federal National Mortgage Association (Fannie Mae) and the Federal Home Loan Mortgage Corporation (Freddie Mac) or by a United States Government agency, such as the Government National Mortgage Association (Ginnie Mae). The Company is externally managed by American Capital Agency Management, LLC, a subsidiary of a wholly owned portfolio company of American Capital, Ltd.
American Capital Agency (AGNC) declared its quarterly dividend of $1.40 per share, maintaining the amount paid to shareholders last quarter. Based on the current stock price, investors can expect a yield of about 20%. Its Board of Directors has declared a cash dividend of $1.40 per share for the second quarter 2010. The dividend is payable on July 28, 2010 to common shareholders of record as of June 30, 2010, with an ex-dividend date of June 28, 2010.
Resource Capital Corp (RSO) - Yield 16.60%
Resource Capital Corp., incorporated on October 31, 2005, is a specialty finance company that focuses primarily on commercial real estate and commercial finance. The Company conducts its operations as a real estate investment trust (REIT). It invests in a combination of commercial real estate debt and other real estate-related assets and, to a lesser extent, higher-yielding commercial finance assets. It is managed by Resource Capital Manager, Inc., a wholly owned indirect subsidiary of Resource America, Inc., a specialized asset management company.
Resource Capital Corp. (NYSE: RSO) announced today that its Board of Directors has declared a cash dividend of $0.25 per common share for the quarter ending June 30, 2010. The dividend will be paid on July 27, 2010 to holders of record on June 30, 2010.
Annaly Capital Management, Inc. (NYSE: NLY)= Yield 15.50%
Annaly Capital Management, Inc. (Annaly) owns, manages and finances a portfolio of real estate related investment securities, including mortgage pass-through certificates, collateralized mortgage obligations (CMOs), agency callable debentures, and other securities representing interests in the obligations backed by pools of mortgage loans. The Company's wholly owned subsidiaries offer real estate, asset management and other financial services.
Annaly Capital Management, Inc. (NYSE: NLY) declared the second quarter 2010 common stock cash dividend of $0.68 per common share. This dividend is payable July 29, 2010 to common shareholders of record on June 29, 2010. The ex-dividend date is June 25, 2010.