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NEW ex-dividend on 9/27 (5%)

High-profile mortgage company New Century Financial will pay a regular quarterly dividend of $1.85 on October 31 to holders as of Wednesday, September 27. That’s 4.8% of the share price of $38.380, or a 19% annual yield. Watch out for the rise in mortgage delinquencies, as painfully illustrated by the woes of H&B.

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