Samstag, 28. Juli 2007

"American Home Mortgage" mit Problemen bei der Dividentenzahlung

American Home Mortgage gab am vergangenen Freitag bekannt, dass sie die quartalsmässige Dividentenzahlung verzögern, bis sie die Auswirkungen der aktuellen Marktlage besser einschätzen können.

Ein Auszug aus der kompletten Pressemitteilung:

American Home Mortgage Investment Corp. announced today that its Board of Directors has decided to delay payment of its quarterly cash dividend ... in order to preserve liquidity until it obtains a better understanding of the impact that current market conditions in the mortgage industry and the broader credit market will have on the Company's balance sheet and overall liquidity. The disruption in the credit markets in the past few weeks has been unprecedented in the Company's experience and has caused major write-downs of its loan and security portfolios and consequently has caused significant margin calls with respect to its credit facilities.

The quarterly cash dividend of $0.70 per share on the Company's common stock had been declared on June 15, 2007 and was to be paid on July 27, 2007 to all shareholders of record as of July 9, 2007. The Series A Preferred Stock dividend and Series B Preferred Stock dividend had been declared on June 15, 2007 and are payable on July 31, 2007, to shareholders of record as of July 9, 2007.