There are several financial dividend stocks announced their respective distributions. Western Asset Mortgage Capital Corp (WMC) is an investment company engaged in investing in, financing and managing primarily residential mortgage-backed securities, or RMBS. The company announced a quarterly dividend of $0.85, which will be paid on October 25 to shareholders. The ex-date is September 27. WMC stock price rose 1.18% in the regular trading Tursday, and surged more than 8% after the dividend announcement. Western Asset Mortgage Capital yields at 13.63% on the basis of the latest WMC stock price of $22.30.
Dynex Capital, Inc. (DX) pays out at 10.61%, making it one of the high dividend stocks. Dynex Capital operates as a mortgage real estate investment trust (REIT) investing in both Agency and non-Agency securitized mortgage products. The company declared a third quarter distribution of $0.29 per share, which will be made on October 31, with ex-date October 3. Following this, DX stock traded up 1.20% to $10.93 on Tursday.
Pulaski Financial Corp (PULB) also declared a quarterly cash dividend of $0.095, which will be paid to the shareholders on October 15, with ex-date, October 3. PULB stock price slid 1% to $7.92 on Tursday. Based on the latest stock price, the holding company for Pulaski Bank, sports a dividend yield of 4.8%.
The First Bancorp, Inc. (FNLC), among these financial dividend stocks, operating as a holding company of The First, N.A., which offers deposit accounts, consumer and commercial and mortgage loans services to small businesses and individual customers. The company is scheduled to pay a quarterly dividend of $0.195 to shareholders on October 31. The ex-date is October 31. FNLC stock price dropped 1.15% to $17.17 on Tursday. The First Bancorp currently yields at 4.54%.
Another bank holding company Washington Trust Bancorp (WASH) also declared a quarterly dividend of $0.24, which will be made to the shareholders on October 12. The ex-date is September 27. WASH stock traded down 0.57% in the trading session on Tursday, based on this price. Washington Trust Bancorp yields at 3.52%.
Two other companies also announced decent quarterly distributions. Belo Corp. (BLC) is a television company which owns 20 television stations, and two local and two regional cable news channels. The company intends to return cash of $0.08 to shareholders on December 7, with ex-date on September 14. BLC stock price edged up by 0.76% to $8.00 in the previous trading. The annualized yield of the company is 4.00%.
Another dividend stock coming in with payment was Golden Enterprises, Inc. (GLDC), a holding company of the snack products producer, marketer and distributor, Golden Flake Snack Foods, Inc, saw its share price popping up 3.12% after it announced a quarterly cash dividend of approximately $0.03 per share, which will be payable on October 31, with ex-date, September 27. Calculating by the current GLDC stock price of $3.30, the company pays dividends at a yield of 3.79%.
