Quarterly Dividend of $0.70 Declared by Hatteras Financial Corp. (HTS)
Hatteras Financial Corp. (NYSE:HTS) declared a quarterly dividend on Tuesday, December 11th. Stockholders of record on Friday, December 21st will be given a dividend of $0.70 per share on Friday, January 18th. This represents a $2.80 dividend on an annualized basis and a yield of 10.61%. The ex-dividend date of this dividend is Wednesday, December 19th.
Several analysts have also recently commented on the stock. Analysts at Wells Fargo & Co. upgraded shares of Hatteras Financial Corp. to an “outperform” rating in a research note to investors on Thursday, December 6th. Finally, analysts at FBR Capital cut their price target on shares of Hatteras Financial Corp. from $30.00 to $28.00 in a research note to investors on Tuesday, November 6th. They now have a “market perform” rating on the stock.
Shares of Hatteras Financial Corp. (HTS) traded down 1.05% during mid-day trading on Tuesday, hitting $26.43. Hatteras Financial Corp. (HTS) has a 52 week low of $23.85 and a 52 week high of $29.68. The company has a market cap of $2.612 billion and a P/E ratio of 7.53.
Hatteras Financial Corp. last announced its earnings results on Tuesday, October 23rd. The company reported $0.83 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.82 by $0.01.
Hatteras Financial Corp. is an externally managed mortgage real estate investment trust (REIT) that invests primarily in single-family residential mortgage pass-through securities guaranteed or issued by the United States Government agency (such as the Government National Mortgage Association (Ginnie Mae)), or by the United States Government-sponsored entity (such as the Federal National Mortgage Association, (Fannie Mae)), and the Federal Home Loan Mortgage Corporation, (Freddie Mac)).
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