It is a possibly based upon EPS projected @ $1.28 in its' earning annoucement on July 22nd or 23rd.I know they have undistrubuted earningsbut if they cut it this quarter, it will fall like a rock IMO.Iam long 3500 shares
I thought AGNC hedged in the direction of lower mortgage rates Onion. And they guessed right.
I am with you and hope you are correct.........thanks for input Dave
Dave, also management went to the 1.25 dividend because that is what they felt confident they could keep paying for some time.They wanted dividend stability.Now do we believe them?*shrugs* who knows. : )But so far it's looking ok.