13.45% Dividend CYS Investments Put In A Ho-Hum Q3; But It Still Pays A Still Great Dividend
- CYS reported a slight book value loss from $10.31 to $10.14 (or $0.17 per share). This was largely expected.
- CYS declared a $0.30 per share dividend for Q3. This was down slightly from the $0.32 per share dividend in Q2 2014. The dividend is still great at 13.45% annually.
- The 10 year US Treasury Note yield has fallen -27 bps from Q3E 2014 to October 22, 2014. This means a book value gain thus far in Q4 2014.