Owens Realty Mortgage Inc(NYSEMKT:ORM) Declares Dividend of $0.0800.

Owens Realty Mortgage Inc (NYSEMKT:ORM) had declared a cash dividend of $0.0800 on Sep 15, 2016. The shares will quote ex-dividend on Sep 28, 2016 and the record date has been fixed for Sep 30, 2016. On Sep 15, 2016 share price, the yield comes out to be 1.9370%. The dividend payable date has been fixed on Oct 14, 2016.

Owens Realty Mortgage Inc (ORM) shares turned negative on Tuesdays trading session with the shares closing down -0.09 points or -0.54% at a volume of 63,133. The pessimistic mood was evident in the company shares which never went considerably beyond the level of $16.86. The peak price level was also seen at $16.86 while the days lowest was $16.52. Finally the shares closed at $16.53. The 52-week high of the shares is $17.92 while the 52-week low is $13.03. According to the latest information available, the market cap of the company is $169 M.

Several Insider Transactions has been reported to the SEC. On Jun 13, 2016, Bryan H Draper (CEO) purchased 4,725 shares at $15.85 per share price.Also, On Dec 15, 2015, William C Owens (CEO) purchased 5,000 shares at $13.42 per share price.On Dec 14, 2015, Melina A Platt (Controller) purchased 1,500 shares at $13.48 per share price, according to the Form-4 filing with the securities and exchange commission.

Owens Realty Mortgage Inc. is a specialty finance company that focuses on the origination investment and management of commercial real estate loans primarily in the Western United States. The Company provides customized short-term loans to small and middle-market investors and developers that require speed and flexibility. The Company invests primarily in loans on commercial industrial and multi-family residential income-producing real property. The Company is managed and advised by Owens Financial Group Inc. (OFG) a specialized commercial real estate management company. OFG arranges services and maintains the loan and real estate portfolios for the Company. Its principal investment objectives are to preserve the capital of the Company and to provide periodic cash distributions to stockholders. Its acquisition and investment policies are to invest at least 86.5% of its capital in real estate loans and activities related thereto.

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