AMEN Properties Declares $12.50 Quarterly Dividend
AMEN Properties (OTCMKTS:AMEN) has declared a quarterly dividend of $12.50 per share, consistent with its previous payout. The forward yield is currently estimated at 9.8%. Shareholders of record as of October 7 will receive the payment on October 14, and the ex-dividend date is also set for October 7. The dividend aligns with AMEN Properties' historical pattern, indicating stability in its payout policy. The high yield may attract income-focused investors but could raise questions about sustainability if earnings do not support it.
Tickers: $AMEN
Topics: AMEN Properties dividend real estate investment trust (REIT)