Angel Oak Mortgage REIT, Inc. Announces Dividend Distribution Tax Information for 2024
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jan 28 2025
0mins
Source: Businesswire
Dividend Distribution Announcement: Angel Oak Mortgage REIT, Inc. announced a total dividend distribution of $1.28 per share for 2024, with specific details on the federal income tax characterization of these dividends provided to shareholders.
Company Overview: The company focuses on acquiring first lien non-QM loans and mortgage-related assets in the U.S., aiming to deliver attractive risk-adjusted returns through cash distributions and capital appreciation.
Analyst Views on AOMR
Wall Street analysts forecast AOMR stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for AOMR is 9.75 USD with a low forecast of 9.75 USD and a high forecast of 9.75 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
1 Analyst Rating
0 Buy
1 Hold
0 Sell
Hold
Current: 9.190
Low
9.75
Averages
9.75
High
9.75
Current: 9.190
Low
9.75
Averages
9.75
High
9.75
About AOMR
Angel Oak Mortgage REIT, Inc. is a real estate investment trust (REIT) focused on acquiring and investing in first lien non-qualified residential mortgage (non-QM) loans and other mortgage-related assets in the United States mortgage market. Its objective is to generate attractive risk-adjusted returns for its stockholders through cash distributions and capital appreciation across interest rate and credit cycles. Its strategy is to make credit-sensitive investments in newly originated first lien non-QM loans that are primarily made to non-QM loan borrowers and primarily sourced from its mortgage lending platform, Angel Oak Mortgage Lending, which operates through a wholesale channel and has a national origination. It may also invest in other residential mortgage loans, residential mortgage-backed securities (RMBS), and other mortgage-related assets, which, collectively with non-QM loans, are referred to as target assets. It is managed and advised by Falcons I, LLC (the Manager).
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
