Annaly Capital Management (NLY) declares $0.50/share quarterly dividend, 9.1% decrease from...

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Sealegs111 Comment (1)
 
So, wasn't this expected? Risk adjusted still quite good with top management.
19 Sep 2012, 04:43 PM Reply Like

TwistTie Comments (2521)
 
Ouch.

Expected like a spanking.
19 Sep 2012, 04:45 PM Reply Like

Brian Bobbitt Comments (1347)
 
What goes up... is still good... LOL, think I'm sellin'?
NO WAY BABY! Another buying opportunity.

Capt. Brian
The Lost Navigator

I owe two stock talks,and they are comin' up soon, in the middle of selling my business.
19 Sep 2012, 04:52 PM Reply Like

oskar96 Comments (72)
 
Not many other stocks pay 50 cents/share per quarter. I'm still satisfied.
19 Sep 2012, 04:59 PM Reply Like

AggGrow Comments (131)
 
This was a steeper drop than I expected. Spread is still large, prepayments are still low, and CPR is still low, so why such a drop?

I'll bet the answer will lie in their hedging. Maybe they over bet on the conservative side and lost a lot in swaps. Thoughts?

Still long, but AGNC / CIM are looking a bit better to me after this news.
19 Sep 2012, 05:09 PM Reply Like

JLesinski Comments (135)
 
We'll find out on the next call. The spread was compressed a little and perhaps you are correct with your theory on some over zealous hedging leading to losses. With the spread expanding now however, I think this .50 dividend will be safe for a while, if not an increase depending on how the markets react to QE3; so far, it has been encouraging in all aspects.

Long NLY
20 Sep 2012, 12:25 PM Reply Like

saltspring Comments (16)
 
it is exactly what i predicted. soon time to buy again !
19 Sep 2012, 06:48 PM Reply Like

macpaulsen Comments (30)
 
I'm on hold on this one.If I were to invest more at this time I'd probably go for WMC
19 Sep 2012, 07:48 PM Reply Like

Dakco Comments (8)
 
it's Bush's fault.
19 Sep 2012, 08:50 PM Reply Like

Dakco Comments (8)
 
It's Bush's fault.
19 Sep 2012, 08:50 PM Reply Like

kingdad Comments (743)
 
This should increase the value of the preferred shares some too.
long NLYPRC
20 Sep 2012, 04:03 AM Reply Like

Kirita Comment (1)
 
I will do one better.
It has to be Nixon's fault for letting China to open up.
Him and Kissinger for having all those secret trips, for what?
To get China to open for Coke or Pepsi-Cola or whatever.
He had to be a crook. And so was Madame de Pompadur.
She had no right to steal the King of France's favors from his lovely wife, the Queen. They all deserve to be sent to jail or something like that....!!!
20 Sep 2012, 04:54 AM Reply Like

bysie Comments (6)
 
Higher dividend - stock price goes higher. Lower dividend - stock price falls. YIELD . in both scenes...approx. the same.

Its a balancing act...get the balance right and you don´t need to worry.
It´ll soon be time to buy at lower levels.
Next month big brother is buying, big time, so a pullback would be nice, then I´m buying, you know - don´t fight the Fed.
20 Sep 2012, 08:10 AM Reply Like