Seeking Alpha

Javelin Mortgage (JMI): Q4 EPS of $0.73 against dividends of just $0.46. Since earnings were so...

Javelin Mortgage (JMI): Q4 EPS of $0.73 against dividends of just $0.46. Since earnings were so much higher than dividends, company accrued an excise tax expense of $46K. Book value of $19.74/share as of Dec. 31 vs. current price $19.39. Non-agency portfolio of $130M. Agency portfolio of $1.1B. Shares +0.5% AH. (PR)

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