Owens Realty Mortgage Inc (NYSEAMERICAN:ORM) declared a quarterly dividend on Friday, December 15th, Wall Street Journal reports. Investors of record on Sunday, December 31st will be paid a dividend of 0.10 per share by the financial services provider on Friday, January 12th. This represents a $0.40 annualized dividend and a dividend yield of 2.50%. The ex-dividend date is Thursday, December 28th.

Shares of Owens Realty Mortgage (ORM) remained flat at $$16.00 during trading on Wednesday. 32,300 shares of the company’s stock were exchanged, compared to its average volume of 21,768. The firm has a market capitalization of $159.77, a PE ratio of 13.79 and a beta of -0.37. Owens Realty Mortgage has a 12 month low of $15.26 and a 12 month high of $19.16.

Separately, TheStreet downgraded shares of Owens Realty Mortgage from a “b” rating to a “c+” rating in a research report on Monday, December 4th.

A hedge fund recently raised its stake in Owens Realty Mortgage stock. State Street Corp increased its position in Owens Realty Mortgage Inc (NYSEAMERICAN:ORM) by 5.7% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 160,047 shares of the financial services provider’s stock after purchasing an additional 8,659 shares during the period. State Street Corp’s holdings in Owens Realty Mortgage were worth $2,714,000 at the end of the most recent reporting period.

WARNING: “Owens Realty Mortgage Inc (ORM) To Go Ex-Dividend on December 28th” was first posted by TheOlympiaReport and is the sole property of of TheOlympiaReport. If you are reading this news story on another website, it was illegally stolen and reposted in violation of US and international copyright laws. The legal version of this news story can be accessed at https://theolympiareport.com/2017/12/27/owens-realty-mortgage-inc-orm-to-go-ex-dividend-on-december-28th.html.

About Owens Realty Mortgage

Owens Realty Mortgage, Inc is a specialty finance company that focuses on the origination, investment and management of commercial real estate loans, primarily in the Western United States. The Company’s segments include commercial real estate, residential real estate and land loans. The Company provides short-term loans to small and middle-market investors and developers that require speed and flexibility.

Dividend History for Owens Realty Mortgage (NYSEAMERICAN:ORM)

Receive News & Ratings for Owens Realty Mortgage Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Owens Realty Mortgage and related companies with MarketBeat.com's FREE daily email newsletter.