My take on the upcoming dividend - deliberately starting a new thread
I believe AGNC will announce on 12/12/12 that it will be increasing its dividend back to $1.40 because the company accumulated $1.52 per share of indistributed income as of 9/30/12, significantly higher than the $0.85 in undistributed income it acumulated a year earlier ( 9/3011).
AGNC seems to look foward at least a year so they will likely carry over some money for next year because earnings may be down for a while and the extra cash can sustain a $1 dividend maybe all of 2013. If they do pay such a large dividend it would be for tax reasons and I would treat at least part of it as a special dividend not to be repeated. I agree many other companies would pay the $1.40 but AGNC saves money for a rainy day.