Seeking Alpha
  • virtalex
    the next logical move by $AGNC seems to be a divi cut by 30-50% for a year
    5/3/13
    Reply (6)
    • Cash King: I think it's too soon for a divi cut. It depends on what management knows and how this next quarter goes. If it was truely a pricing issue..
      5/3/13
    • Cash King: and not a cash flow issue I think a divi cut at least of 30% to 50% might be unnecessary. A smaller one maybe.
      5/3/13
    • Cash King: A divi cut of 30% to 50% brings their yield down to 7% to 10%. Still not bad. I'll keep them for that and maybe buy more if price coems down
      5/3/13
    • virtalex: I guess they may well do it after the market has digested the EPS crash within next 1-2 month
      5/3/13
    • PendragonY: Umm, $AGNC would lose their REIT designation with a cut like that. http://seekingalpha.com/a/tuuh
      5/3/13
    • Albert Alfonso: umm, AGNC's spread was 1.87X during the quarter... by far the best among the agency mREITs...
      5/3/13