High dividend stocks to watch: Several high dividend-paying stocks in the real-estate related investment industry announced quarterly distributions on Wednesday. The highest payer is Chimera Investment Corporation (CIM), an investment company which through its subsidiaries, invests in residential mortgage-backed securities (RMBS), residential mortgage loans, commercial mortgage loans, real estate-related securities and various other asset classes. The company announced a $0.09 quarterly dividend which will be payable on October 29, with ex-date, September 27. Following announcement, CIM stock price climbed 3.75% in the after-hours trading session. The company yields highly at 13.48% in accordance to the latest CIM stock price of $2.67.
Crexus Investment Corp (CXS) declared a third quarter dividend of $0.32 per share to shareholders, which will be made on October 25, with ex-date, September 27. The stock traded flat Wednesday. On the basis of the latest CXS stock price of $10.59, the company sports a dividend yield of 10.20%. CreXus Investment Corp. is a real estate investment trust (REIT) focusing on mortgage-related loans and assets.
Annaly Capital Management, Inc. (NLY) engages in real estate related investments. The company plans to pay a third quarter dividend of $0.50, to shareholders on October 29, with ex-date, September 27. NLY stock price traded down slightly by 0.41% in the regular trading session and edged up 0.06% in the trading session after market close. Investors receives a dividend of 12.78% from the company based on the latest NLY stock price of $17.21.
Real estate investment and finance company Newcastle Investment Corp. (NCT) also declared a quarterly dividend of $0.22 per share for the third quarter of 2012, representing a 10% increase from the prior quarter’s dividend of $0.20 per common share. This quarterly dividend will be paid on October 31, with ex-date, September 27. NCT stock price moved up 1.93% to $7.92 in the regular trading session and surged nearly 2.78% in the after-hours trading. Newcastle Investment rewards investors at a dividend yield of 11.11%, calculating the latest NCT stock price.
Besides these investment companies, two plays among high dividend stocks in other industries also announced quarterly dividend. Alaska Communications Systems Group, Inc (ALSK) stock price swung to close up 0.43%, to $2.34 today. The company, which provides integrated communications services to customers through its two undersea fiber optic cable systems, announced a quarterly cash dividend of $0.05 per share, which will be paid on October 27, with ex-date, September 26. Based on the latest ALSK stock price, the company pays dividends at a yield of 8.55%.
Unitil Corporation (UTL) is engaged in distribution of electricity and natural gas. The public utility holding company intends to pay a quarterly distribution of $0.345 per share to shareholders on November 15, with ex-date, October 30. UTL stock traded up slightly by 0.37% to $26.92. Unitil Corporation currently pays out at a yield of 2.13%.