CYS Investments (NYSE:CYS) Cuts Quarterly Dividend; Stock Tumbles

CYS Investments Inc (NYSE:CYS) announced its quarterly dividend for most recent quarter and its first for 2013 on Friday.

The company will pay $0.32 a share of its common shares on April 17 to shareholders of book as of March 25. Also the company is to pay $0.484375 a share of its series A preferred stock.

Real-estate investment trust’s common stock dividend is below each of the firm’s 2012 payments, which range from $0.45 a share to $0.92 a share.

Shares of the Waltham, Massachusetts based real-estate investment trust plunged 2.6% to settle at $11.69 in afterhours trading session.

Shifting reader’s focus to broader market, let us consider market performance of other stocks that significantly affect same sector. Two Harbors Investment Corp (NYSE:TWO) rose +0.77% to settle at $13.10, Dynex Capital Inc (NYSE:DX) moved down -0.46% to end at $10.71 while Capstead Mortgage Corporation (NYSE:CMO) jumped +0.32% to finish at $12.46 on Friday.

CYS Investments Inc (NYSE:CYS) last session’s volume of 2.39 million shares was lower than its average volume of 2.64 million shares. The stock after opening at $12.01 hit high price of $12.04 and then closed at $12.00 by scoring +0.50%.

CYS generated revenue of $293.33 million in the previous twelve months and earned $368.74 million. The Company showed a positive 127.09% in the net profit margin as well as in its operating margin which remained at 77.96%. Company’s annual sales growth for the past five years was 16.69%.

The CYS’s past twelve months’ price to sales ratio was 7.16 and price to cash ratio remained 151.24. As far as the returns are concerned, CYS’s return on equity was recorded as 21.64% and return on investment increased 2.92% while its return on asset stayed at 2.44%.

The stock showed weekly upbeat performance of 1.69% which was maintained for the month at -7.55%. Likewise the positive performance for the quarter was recorded as 1.18% and for the year was 6.57% while the YTD performance remained at 1.61%.

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