Know what U mean. Picked her up in 2012 @ 12.96. Re invest all div. Considering selling half my CYS for break even. Other half all profit down the road.
Despite the recent market weakness, CYS share price has been able to make up the recent .30 dividend . I'm also encouraged by the current discount to NAV (15% ) and by the $250M stock repurchase authorization in place. The current 13% dividend appears to be safe.
If SRNA is undervalued at 19 cents a share then the next big move could be even bigger than the $8.73 recorded over the last 12 months.
I bought 1000 shares in October 2010 to be exact and I keep it for the Dividend no matter if it goes up or down. Although, it would be nice if the stock stays above $9.00 forever.
I am not going to call myself an expert when it comes to REITs but its seems like most REITs are largely held by institutional investors and hedge funds. They all have at least one flagship Institution that holds a large amount of their shares.
I own CIM and I use to think it was a big deal that Leon Cooperman and Omega owned a massive amount of shares but now I barely pay attention. I think it really only matters if these institutions are adding (or reducing) on a large scale for multiple quarters in a row. Just my opinion.
You have the wrong company in mind. American Capital MANAGEMENT and American Capital AGENCY are two different companies.
Oh, ok. It is hard for me to comment on your logic, or rather the value of your logic. The value of AGNC's position tells me alot. Of course, the seeking alpha poster outlined his information very well. I take this price drop as a buying opportunity for a long term hold. GLTY
This is pretty encouraging news. It illustrates the value of CYS ... I picked up this news from seeking alpha this morning. AGNC, thanks for the confirmation of the value of my holdings in CYS. Albert Altonso (SA) thank you for passing this along. Invaluable.
NEW YORK--(BUSINESS WIRE)--Mar. 9, 2015-- The Board of Directors of CYS Investments, Inc. (NYSE: CYS) (the “Company”) today declared a quarterly dividend of $0.30 per share of common stock for the first quarter of 2015. The common stock dividend will be paid on April 15, 2015 to stockholders of record of common stock on March 23, 2015.