I am new to AGNC and am interested in investing. Am I correct to assume that there will be another dividend payed out in late January? Also should I go ahead and buy now or should I wait until closer to the dividend. I was thinking it would be smarter to buy soon because most stocks run up a little into the dividend date. Any info on this would be greatly appreciated.
Other mreits have been cutting their dividends recently. My guess is that this has to do with the flattening yield curve and low mortgage rates.
While buying early and riding the divy run has worked in the past, the strategy is now dangerous due to the risk of dividend reduction.
I'm on the sidelines until they actually declare the dividend, this time.
AMC, welcome aboard. (Gee, did I spell that right? You get your as$ kicked around here for misspellings!)
Next div should be around Dec 29 and will pay late January. Last div was $1.40. Yes, typically the stock will run up as we get closer to div date so buying now may be a solution to that concern. On ex-date, the stock will usually drop by an amount equal to the div as it trades “ex” (without) dividend on that day, so do not panic if you see a significant drop in price.
Hope that helps…
Thanks for the help. Hard to find good help on these boards a lot. I appreciate it. I put in an order to buy at 27.50 because I thought it would get filled today after seeing the futures. Hopefully it will fill tomorrow. If not I may just buy it between 27.75 and 28.
Often used by people who have no grasp of the English language. The correct spelling is "Paid", which is of course the past tense of the word "Pay".
Billy was shattered to discover that he had been spelling the word "paid" incorrectly for so many years. Longing for the sweet release of death, he proceeded to swallow a razor blade to escape his shame."
Have to love the Urban Dictionary...I would imagine Porkus keeps it open on top of his beer keg.