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American Capital Agency Corp. Message Board

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  • beta_klumps2 beta_klumps2 Nov 8, 2012 2:42 PM Flag

    Alternate View: Dividend Acceleration?

    AGNC dividend is not a qualified dividend. It is taxed as high as 39% based on your AGI. No REIT dividends are qualified for the special tax rate. No reason to rush payments.

    But since we are on taxes, it is the time of the year to sell you loosers for capital losses for tax purposes, those are still deductible, the more you loose the more you save in taxes.

    If you had a gain and you managed you money wisely, you should have spotted the $36 area as very very very priced along with the earnings trend dropping as a VERY OPPORTUNE TIME TO SELL. It still isn't bad, at $31, because what happened this past quarter, will continue for another three quarters of quantitative easing and yield spread will be halved if not quartered before it is all over. Work the numbers yourself, look at the $1 earnings drop this quarter, add 2-3 more quarters and you are at $1-2 in earnings, this is very very possible within 12 mos. with Obama getting reelected and Bernanke patting himself on the back at the great job he has done.

    Sentiment: Strong Sell

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