Real Estate Stocks in Spotlight (SPG, MFA, ANH, VNO)

Posted by Tony on October 4, 2010 in Notable Stocks |

Simon Property Group, Inc (NYSE:SPG) surged 0.92% to $93.59 on over 2.27 million shares. Earlier this week, Simon Property Group, Inc. and EYE, the Out-of-Home media specialist, announced their new alliance that gives EYE advertising rights, commencing January 1st, 2011, to an additional 60 Simon malls in 18 states across the United States.

Over the past 52-week, the stock traded within the range of $64.20-$98.39. The average daily volume of the stock is 2.12 million shares.

MFA Mortgage Investments (NYSE:MFA) closed 1.31% higher at $7.73 on over 3.52 million shares. The stock is very close to its 52-week high of $8.11.

The company announced today that its Board of Directors declared a quarterly dividend of $0.225 per share of common stock for the third quarter of 2010. The dividend will be paid on October 29, 2010 to stockholders of record on October 12, 2010. The ex-dividend date is October 7, 2010.

Anworth Mortgage Asset Corporation (NYSE:ANH) added 1.54% to $7.24 on over 2.27 million shares. This week, on Thursday, the company announced that its board of directors declared a quarterly common stock dividend of $0.23 per share for the third quarter of 2010. The common stock dividend is payable on October 27, 2010 to common stockholders of record as of the close of business on October 11, 2010.

Over the past 52-week, the stock traded within the range of $5.74-$8.12.

Vornado Realty Trust (NYSE:VNO) gained 0.50% to $85.96 on over 1.33 million shares.

In the past one year of trading sessions, the stock jumped more than 40%.

The 52-week range for the stock is $56.54-$89.06. Today, 1.33 million shares were traded as compared to its average daily volume of 1.38 million shares.

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