We watch several some high dividend stocks declared quarterly distributions on Friday:
Apollo Residential Mortgage Inc (AMTG) is one of the high dividend stocks, the residential real estate finance company plans to pay a quarterly dividend of $0.85 to shareholders on October 31, with ex-date, September 26. Boosted by this, AMTG stock price surged 4.7% Friday with 1.07 million shares traded, well above the daily average of 293,601 shares. Based on the latest closing price, investors receives a high annualized yield of 13.35%.
W. P. Carey & Co. LLC (WPC), a strong winner with an increase of 6.33% in its share price Friday, announced a quarterly distribution of $0.65 to shareholders, which will be made on October 16, with ex-date, September 28. WPC stock traded 177,240 shares, much more than the daily average of 49,363 shares. Based on the latest WPC stock price of $48.35, the company primarily invests in commercial properties triple-net leased to single corporate tenants, sports an annualized yield of 5.38%.
Another high dividend stock, A. H. Belo Corporation (AHC), also gained 1.94% to $4.74 with 319,353 shares traded, well above the daily average of 83,284 shares Friday after it declared a quarterly dividend of $0.06, which will be payable on December 7, with ex-date, November 14. The newspaper publishing and local news and information company yields at 5.06%, in accordance to the latest AHC stock closing price.