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Hatteras Financial Corp. Declares Fourth Quarter 2010 Dividend of $1.00 Per Share

^{Published on 2010-12-14 13:10:35 - Market Wire}
 

WINSTON SALEM, N.C.--([ BUSINESS WIRE ])--The Board of Directors of Hatteras Financial Corp. (NYSE:[ HTS ]) (aHatterasa or the aCompanya) today declared a quarterly dividend of $1.00 per common share for the fourth quarter of 2010. The dividend will be paid on January 21, 2011, to stockholders of record on December 27, 2010, with an ex-dividend date of December 22, 2010.

"We are pleased with this, our final dividend of the year, as a signal of the continued profitable operating environment we enjoy today"

aWe are pleased with this, our final dividend of the year, as a signal of the continued profitable operating environment we enjoy today,a saidMichael R. Hough, the Chief Executive Officer of Hatteras. aWhile the dividend this quarter is a reflection of our capital raise in September and our controlled investing approach,we believe our portfolio is appropriately positioned to mitigate the uncertainties of todaya™s interest rate environment and to capitalize on the opportunities inherent in a steep yield curve. As we move into 2011, the risk parameters that we apply to our portfolio do call for caution, so we will continue with the patient approach we have applied to operating Hatteras since we formed the company in 2007."

For a review of the Companya™s expected 2011 dividend declaration dates, please visit the event calendar section of the corporate Web site at [ www.hatfin.com ].

About Hatteras Financial Corp.

Hatteras Financial is a real estate investment trust formed in 2007 to invest in single-family residential mortgage pass-through securities guaranteed by Fannie Mae, Freddie Mac or Ginnie Mae. Based in Winston-Salem, N.C., Hatteras is managed and advised by Atlantic Capital Advisors LLC. Hatteras is a component of the Russell 2000^® and the Russell 3000^® indices.

Forward-Looking Statements

This press release, together with other statements and information publicly disseminated by the Company, contains certain forward-looking statements within the meaning of Section27A of the Securities Act of 1933, as amended, and Section21E of the Securities Exchange Act of 1934, as amended. The Company intends such forward-looking statements to be covered by the safe harbor provisions for forward-looking statements contained in the Private Securities Litigation Reform Act of 1995 and includes this statement for purposes of complying with these safe harbor provisions. Forward-looking statements, which are based on certain assumptions and describe the Company's future plans, strategies and expectations, are generally identifiable by use of the words "believe," "expect," "intend," "anticipate," "estimate," "project" or similar expressions. You should not rely on forward-looking statements since they involve known and unknown risks, uncertainties and other factors that are, in some cases, beyond the Company's control and which could materially affect actual results, performances or achievements. Factors that may cause actual results to differ materially from current expectations include the risk factors discussed in the Companya™s 2009 Annual Report on Form 10-K. Accordingly, there is no assurance that the Company's expectations will be realized. Except as otherwise required by the federal securities laws, the Company disclaims any obligation or undertaking to publicly release any updates or revisions to any forward-looking statement contained herein (or elsewhere) to reflect any change in the Companya™s expectations with regard thereto or any change in events, conditions or circumstances on which any such statement is based.