Angel Oak Mortgage REIT Declares $0.32 Quarterly Dividend
Angel Oak Mortgage REIT, Inc. (NYSE: AOMR) declared a quarterly dividend of $0.32 per share of common stock. The payment will go to shareholders of record as of February 20, 2026.
Angel Oak Mortgage REIT, Inc. (NYSE: AOMR), a real estate finance company focused on acquiring and investing in non-QM loans and mortgage-related assets, declared a quarterly dividend of $0.32 per share of common stock on February 5, 2026. Read more dividend announcements.
The dividend will be paid on February 27, 2026 to common stockholders of record as of February 20, 2026.
| Dividend Details | |
|---|---|
| Amount | $0.32 per share |
| Record Date | February 20, 2026 |
| Payment Date | February 27, 2026 |
| Frequency | Quarterly |
Fourth Quarter and Full Year 2025 Results
The Atlanta-based REIT reported fourth quarter 2025 net interest income of $10.9 million, a 10% increase from $9.9 million in the same period of 2024. GAAP net income for the quarter reached $11.3 million, or $0.45 per diluted share.
For the full year 2025, net interest income totaled $41.1 million, an 11% increase from $36.9 million in 2024. The company posted GAAP net income of $44.0 million, or $1.80 per diluted share.
GAAP book value per share stood at $10.74 as of December 31, 2025, up 5.6% from December 31, 2024. Economic book value per share was $12.70, down 3.1% over the same period.
Portfolio and Capital Position
Angel Oak's target assets totaled $2.7 billion as of December 31, 2025, a 22% increase from year-end 2024. The company held residential mortgage whole loans with a fair value of $294.1 million.
The portfolio's weighted average coupon stood at 7.79%, with a weighted average combined loan-to-value ratio of 65.4% and weighted average credit score of 756. The weighted average interest rate of the residential whole loans portfolio was 7.38%.
The company's recourse debt to equity ratio was approximately 1.4x as of December 31, 2025. Angel Oak had four loan financing lines permitting aggregate borrowings of up to $1.3 billion, with approximately $219 million drawn and $1.0 billion of capacity available.
In the fourth quarter, the company added a new $200.0 million repurchase facility with a global investment bank, carrying an interest rate equal to Term SOFR plus a spread of 1.60%.