Opteum Inc. Declares $0.05 First Quarter 2007 Cash Dividend
March 09 2007 - 10:47AM
Business Wire
Opteum Inc. (NYSE:OPX), a real estate investment trust (REIT) that
operates an integrated mortgage-related securities investment
portfolio and mortgage origination platform, today announced that
its Board of Directors has declared a cash dividend of $0.05 per
share of Class A and Class�B Common Stock for the quarter ending
March 31, 2007. The dividend is payable April 13, 2007, to
stockholders of record on March 26, 2007. About Opteum Opteum Inc.
is a real estate investment trust (REIT) that operates an
integrated mortgage-related investment portfolio and mortgage
origination platform. The REIT invests primarily in, but is not
limited to, residential mortgage-related securities issued by the
Federal National Mortgage Association (Fannie Mae), the Federal
Home Loan Mortgage Corporation (Freddie Mac) and the Government
National Mortgage Association (Ginnie Mae). It attempts to earn
returns on the spread between the yield on its assets and its
costs, including the interest expense on the funds it borrows.
Opteum�s mortgage origination platform, Opteum Financial Services,
originates, buys, sells, and services residential mortgages from
offices throughout the United States and operates as a taxable REIT
subsidiary. Statements herein relating to matters that are not
historical facts are forward-looking statements as defined in the
Private Securities Litigation Reform Act of 1995. The reader is
cautioned that such forward-looking statements are based on
information available at the time and on management's good faith
belief with respect to future events, and are subject to risks and
uncertainties that could cause actual performance or results to
differ materially from those expressed in such forward-looking
statements. Important factors that could cause such differences are
described in Opteum Inc.'s filings with the Securities and Exchange
Commission, including Opteum Inc.'s most recent Annual Report on
Form 10-K or Quarterly Report on Form 10-Q. Opteum Inc. assumes no
obligation to update forward-looking statements to reflect
subsequent results, changes in assumptions or changes in other
factors affecting forward-looking statements.
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