Hey Johnny (fellow KF fan),
Looks like the downturn relates to the stronger dollar hitting natural resources (commodities). AGNC is influenced by the Macro market, but as AGNC is currently up, so far so good. Stay tuned.
The link that I provided for you in my previous message shows the following dates for the last 3 years of June Dividend Declarations and Ex-Dividends for HTS:
June 19, 2008
June 23, 2009
June 22, 2010
June 26, 2008
July 1, 2009
June 30, 2010
You may wish to revise your conclusions about the timing of HTS's upcoming June DD and X-d.
Hey my astute friend ;-)
You know I wouldn't have erred so grievously!! I was responding to Jay's post above mine regarding his early purchase of HTS, which, as you know, had their spo on Sept 21, one week B4 EX.
It's OK Jim, I know you're trying to keep me honest ;-)
Hey Doc, I think the Sept. 2010 ex-date was on the 24th and they offered on the 28th.
In Nov.2010 ACAS had that 2,500,000 share offering from their original take down and in Dec. the only late stage SPO in the past year. Jan. & Mar 2011 came yet two more but after Ex-date and early in the quarterly cycle to get the money to work without expending any stored up cash.
My point, the next SPO will be after the second quarter ex-date just like in Last Sept., Jan. and March.
Your estimates for HTS's DD and X are a bit early. For a better estimate of when the dividend will be announced, take a look at the attached chart.
Difficult to predict proper entry points with the variable of the inevitable spo. In Sept they offered a few days B4 EX and in Mar two days after. Makes one want to straddle the PPS with an option play, or definitely wait for the spo to load up. Good luck!