After another ugly day for the mREIT sector sector (REM -1%), CYS Investments (CYS) gives the...

|By:, SA News Editor

After another ugly day for the mREIT sector sector (REM -1%), CYS Investments (CYS) gives the sellers something to think about, hiking its quarterly dividend to $0.34/share from $0.32. Shares rose 3.6% in AH trade. Should the dividend be sustained (there's good reason to think it won't be) American Capital Agency's 2.9% decline yesterday leaves it yielding north of 20%. The shares hit a 4-year price low.