Retirement Income

Stocks and Options

October 28th, 2008 at 4:43 pm

Anworth Mortgage Asset Corporation (ANH) – Sold Apr09 Calls

I sold 2 ANH Apr09 7.50 Covered Calls on 10/20/08 for a net deposit of $50.50 in an IRA account.  My basis for these ANH shares is now 14.00.

ANH has been paying regular dividends but now always the same or higher as the previous quarter.  ANH just announced the next dividend at .25.  The prior three quarter dividends were (oldest first) .12, .20, and .29.  This is a mortgage REIT so the fact that they are paying dividends at all is probably a pretty good sign.

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