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American Capital Agency Corp. Message Board

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  • faaqcee faaqcee Jan 11, 2013 3:59 PM Flag

    OT: MLP's this quarter

    NMM is due to announce around the 18th, if you are interested.

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    • Tomorrow is the 18th gents.
      While I know that a portion of NMM's dividend is a R.O.C., declaring its .4425(12.61%@14.04) dividend may induce a spike in pps.
      NMM has raised its dividend 10x in the past 5yrs, so I do not see a reduction any time soon, and definately this quarter.
      If anything, because of NMM's pattern of dividend increases in the past 5yrs., one may be able to expect a rise in NMM's divvy either this quarter, or sometime during the rest of the year.

      I'm looking for a short-term trade with NMM so the R.O.C. will not complicate my taxes any.

      I might buy on a dip today, and if none, at close.

      Any analysts out there caring to weigh in on my prediction of a rise in pps into the ex-date worthy of a NMM buy at these prices?
      Imo, a normal dividend(.4425) will inspire a runup, and an div. increase would further bolster that run leading toward the ex-date.

      Thanks again to the helpful and intelligent members of the best mb on yahoo,

    • Thanks, Foxy. I'll keep an eye on it.

18.59+0.09(+0.48%)Jun 29 4:00 PMEDT