PreferredStockChannel
Preferred Stock Offerings
By Preferred Stock Channel Staff, updated Sat, December 4, 2:39 AM
| This Slide: #352 of 573 |
Slide #352. Anworth Mortgage Asset Corporation — Preferred Stock Offering
Company:
Anworth Mortgage Asset Corporation (ANH)
Date announced:
1/15/2015
Shares Offered:
300,000
Date of Pricing:
1/20/2015
Price Per Share:
$24.50
Preferred Stock Offering Details:
Anworth Mortgage Asset Corporation (NYSE:ANH) (the "Company") announced today that it has commenced an underwritten public offering of its new 7.625% Series C Cumulative Redeemable Preferred Stock ("Series C Preferred Stock"). The Company expects to grant the underwriters a 30-day option to purchase additional shares of Series C Preferred Stock to cover over-allotments, if any.
Anworth Mortgage Asset is a real estate investment trust. Co. invests in, finances and manages a portfolio of residential mortgage-backed securities and residential mortgage loans, including the following investments: agency mortgage-backed securities, which include residential mortgage pass-through certificates and collateralized mortgage obligations; non-agency mortgage-backed securities, which are securities issued by companies that are not guaranteed by federally sponsored enterprises and that are secured primarily by first-lien residential mortgage loans; and residential mortgage loans, whereby Co. acquires non-Qualified Mortgage, residential mortgage loans from loan originators.
Preferreds: ANH.PRA, ANH.PRB, ANH.PRC
Open the ANH Page at Preferred Stock Channel »
|
|||||||||
|
|
Open the ANH Page at Preferred Stock Channel (in a new window) »
 Free ANH Email Alerts:
Get Dividend Alerts 
Get SEC Filing Alerts
|
Avg. Broker Rec.
 
|
Hold (2.00 out of 4) 42nd percentile
(ranked lower than approx. 58% of all stocks covered)
Based on data provided by Zacks Investment Research via Quandl.com |
|
|
