American Church Mortgage's Revenues Rise

The payout represents an annualized dividend yield of 8.25%. The dividend will be paid on April 30 to shareholders of record as of March 31.

American Church Mortgage makes mortgage-backed loans from $100,000 to $1 million to churches and other non-profit religious organizations for the purchase, construction or refinancing of real estate and improvements. The company's revenues are derived primarily from interest income earned from those loans.