If AGNC lost 1.57 a share, do we have to pay them back 90% of that? :)
Seriously though, how far does the divvy drop?
Will there be one at all?
They have to pay 946m in divs in the next two quarters or lose their reit status. This works out to be about the current div
I think we already paid them back, in loss of share price.
Hey Foxy ...
They made $0.50 in taxable income. That plus any undistributed income would be available for divvies.
Ray we just got payed that dividend. They payed out .50 + undistributed to cover it.
They got their #$%$ handed to them with a .55 LOSS on TBA's for taxable income.
This is why I think some questions will come up in the conference call about whats going on with the TBA's.