5 High Yield Dividend Stocks
Monthly dividends provide a stable, reoccurring revenue stream. The safety of the dividend stream is crucial if the individual's income is necessary for anticipated living expenses. Here are 5 securities which pay a monthly distribution and offer a relatively safe distribution. Anworth Mortgage Asset (ANH)Business Model Anworth Mortgage Asset is a mortgage real estate investment trust. ANH invests in mortgage backed securities (MBS) backed by government sponsored entities (GSE). These GSEs include Fannie Mae (FNMA.OB), Freddie Mac (FMCC.OB), and Ginnie Mae. The fund earns profits by borrowing short-term Treasury Bills and buying longer-term Treasury Bills or Treasury Bonds. Dividend Per the 1st quarter 10Q, page 30 (.pdf), ANH management did slightly increase leverage from 6.8x to 7.1x. The increased leveraged rate can provide additional net profits assuming the yield curve provides an equal spread between borrowing and lending. ANH should pay approximately 25-cents per quarter for 2011. The $1.00... Read more