SPO offer this late before ex-dividend - happened before?
AGNC management must feel confident dividend will stay at $1.25/share and no cut to do this IMO.
AGNC should trade next 5-9 days less than 32.
The runup to ex-dividend over 33 3/xx/13 might will be a challenge
Whatever MTGE did, AGNC followed; AGNC should have done SPO couple weeks ago.
Perhaps did SPO to get reaction after earnings announced.
GLTA long and shorts