CYS Investments Inc (NYSE:CYS) declared a quarterly dividend on Friday, December 8th, NASDAQ reports. Shareholders of record on Friday, December 22nd will be given a dividend of 0.25 per share by the real estate investment trust on Wednesday, December 27th. This represents a $1.00 dividend on an annualized basis and a yield of 11.85%. The ex-dividend date is Thursday, December 21st.

CYS Investments has decreased its dividend payment by an average of 8.5% annually over the last three years. CYS Investments has a payout ratio of 94.3% indicating that its dividend is currently covered by earnings, but may not be in the future if the company’s earnings fall.

CYS Investments (CYS) traded up $0.11 during trading on Friday, reaching $8.44. 2,456,065 shares of the company’s stock were exchanged, compared to its average volume of 769,956. The firm has a market capitalization of $1,291.23, a P/E ratio of 8.09 and a beta of 0.62. CYS Investments has a 1 year low of $7.46 and a 1 year high of $8.98.

CYS Investments (NYSE:CYS) last released its quarterly earnings data on Wednesday, October 25th. The real estate investment trust reported $0.24 EPS for the quarter, missing analysts’ consensus estimates of $0.25 by ($0.01). The business had revenue of $46.99 million during the quarter, compared to analyst estimates of $54.46 million. CYS Investments had a positive return on equity of 13.30% and a negative net margin of 2.59%. During the same period in the prior year, the firm earned $0.27 EPS.

Separately, Keefe, Bruyette & Woods reiterated a “hold” rating and issued a $8.50 target price on shares of CYS Investments in a research note on Thursday, September 14th. Four research analysts have rated the stock with a hold rating and one has assigned a buy rating to the stock. The stock has a consensus rating of “Hold” and a consensus price target of $8.25.

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CYS Investments Company Profile

CYS Investments, Inc is a specialty finance company. The Company’s objective is to provide consistent returns to its investors through a combination of dividends and capital appreciation. It invests in agency residential mortgage-backed security (RMBS) collateralized by fixed rate single-family residential mortgage loans; adjustable-rate mortgages (ARMs), which have coupon rates that reset monthly, or hybrid ARMs, which have a coupon rate that is fixed for an initial period.

Dividend History for CYS Investments (NYSE:CYS)

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