AGNC vs. NLY - with about a month before AGNC goes ex-divvy on/about 9/20/11.
AGNC stock price one month prior to ex-divvy 6/20/11 was 29.97. 1-day prior to ex-divvy AGNC was at 29.80. AGNC closed today @ 28.62 vs. 29.97/29.80.
NLY stock price one month prior to ex-divvy 6/28/11 was 18.07. 1-day prior to ex-divvy NLY was at 18.67. NLY closed today @ 17.96, vs 18.07/18.67.
NLY has been acting better than AGNC.
AGNC has fallen from grace when its price was in the mid 29 last week.
Expect more up/down movement the next 3 weeks. All mREIT in a challenging position to stay higher.