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American Capital Agency Corp. Message Board

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  • xxavatarxx xxavatarxx Dec 7, 2012 5:12 PM Flag

    special div

    alw59saw , that's completely wrong.
    As a reit they have to distribute 90% of their taxable income and cannot spend it on a buy back.

    They will use cash on the balance sheet.
    They ended the quarter with over two billion in cash on hand.
    That will easily cover any buy back.

    The buy back will increase the undistributed taxable income just by reducing the number of shares outstanding.

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