Mr. Wynn

American Agency Mortgage: Huge Dividend REIT

Thanks for the article and also thanks to the many, clearly above-average intelligence commenters! I was thinking that the price of the REIT today looked a little high. What price is comfortable here? I realize we are talking about dividends so stock price should not figure in as much as a stock we might be trading, however the price does affect how many shares one might buy and hence affects the overall dividend payout each quarter. I welcome anything here including telling me how ignorant I am for asking this question!