Mitt up .41 afterhours. They could have increased a nickel with the $2 undistributed earnings, and thrown a wrench into the smart money sell off.
MITT seems to be the leader in book value management.
Hopefully we will get a string of "maintains". This is a good way to inaugurate the dividend season for mREITs.
He also stated during last month's earnings CC that they expected to maintain the dividend at current level thru 2013. Personally, if this whole sector sell-off was simply in response to perceived quantitative easing that now appears to be in a delay modes to say the least based on recent data, shares of all players in the sector should rise and dividend amounts should remain or have only a modest change. They still have the 90% obligation and government backing.