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American Capital Agency Corp. (AGNC) declares $1.25/share quarterly dividend, in line with...

American Capital Agency Corp. (AGNC) declares $1.25/share quarterly dividend, in line with previous. For shareholders of record Dec. 27. Payable Jan. 28. Ex-div date Dec. 24. Shares +2.3% AH. (PR)
Comments (11)
  • AlbyVA
    , contributor
    Comments (567) | Send Message
     
    I thought Ex-Div date was going to be Dec 18th.
    14 Dec 2012, 04:30 PM Reply Like
  • Dividends#1
    , contributor
    Comments (2715) | Send Message
     
    AlbyVA,

     

    How could you have thought that, when they just announced the dividend today. The day AGNC announces their dividend (today) is the day they tell you the amount, the ex-date,the record date and the PAY DATE !!

     

    I am psyched. So, many were thinking the dividend would be cut, so the stock is now up 4% after hours, because they did not cut the dividend. I will be collecting a juicy dividend once again. Gotta love AGNC.

     

    I hope AGNC goes down, so I can get more shares on 1/28/13. But it rarely happens. AGNC will probably rally to 33-34/share or more by the paydate. Well, at least I will get more shares.
    14 Dec 2012, 08:26 PM Reply Like
  • ChuckJ
    , contributor
    Comments (74) | Send Message
     
    $AGNC announcement date:12/14/12
    Ex-div date: 12/24/12
    Payment date: 1/28/13
    Payment: $1.25

     

    $MTGE
    Dividend announcement: 12/14/12
    Ex-div date: 12/24/12
    Payment date: 01/28/13
    Payment: $ 0.90
    15 Dec 2012, 02:05 PM Reply Like
  • sk1053
    , contributor
    Comments (6) | Send Message
     
    has not been an easy time to stay long l-reits. I did stay the course on AGNC but sold all my ARR on the ex-date and glad I did.

     

    ARR will most likely have to reduce their dividend and then one can look at a re-entry. IF ARR lowers divident to .08 p/m and one assumes a 14% yield,,,the price should be around 6.86. Lower expected yields in this group will bring price down further, or a larger dividend cut will do same. There is time to watch and wait for this one.
    14 Dec 2012, 04:35 PM Reply Like
  • Joe Eifrid
    , contributor
    Comments (339) | Send Message
     
    CEO of AGNC bought a chuck of shares this month at higher prices. A director added some as well.
    14 Dec 2012, 04:37 PM Reply Like
  • AlbyVA
    , contributor
    Comments (567) | Send Message
     
    What Manage does should not be considered wise investment advice. Would you believe that Bernie Ebbers of Worldcom did the same thing and look what happened to Worldcom back in the day.
    15 Dec 2012, 11:38 AM Reply Like
  • rreggie
    , contributor
    Comments (30) | Send Message
     
    Several officers and directors. I increased my position by 20% this week on that basis.
    14 Dec 2012, 04:49 PM Reply Like
  • Dividends#1
    , contributor
    Comments (2715) | Send Message
     
    Smart move.
    14 Dec 2012, 08:33 PM Reply Like
  • Chiller52
    , contributor
    Comment (1) | Send Message
     
    I increased my position by 15% at $28.85 last month. I am looking for a downward adjustment to the dividend next year. Possibly around $4
    15 Dec 2012, 04:41 AM Reply Like
  • YellowLab1
    , contributor
    Comments (134) | Send Message
     
    Chiller52

     

    Congrats on your position at $28.85

     

    Interesting first comment. Interested in your thoughts about a "downward adjustment to the dividend next year. Possibly around $4."

     

    Could you describe your thinking here ? Are you referring to the share price dropping $4 from where it stands now $31.36 AH ?
    15 Dec 2012, 10:59 AM Reply Like
  • YellowLab1
    , contributor
    Comments (134) | Send Message
     
    Think I got it now. You're looking for dividend to go from around $5 to $4 a year ?
    16 Dec 2012, 08:42 AM Reply Like
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