Great numbers released. Most likely they will increase divy next quarter to get the shares above the current $6.69 BV and then SPO. Down after hours to to AGNC pulling down the sector. Great time to get in, collect 2 dives and sell before the SPO and buy back in on dilution.
While I agree that REITs should be bought with AGNC pulling down the sector, I do not think they will increase their dividend. Correct me if I'm wrong, but since its inception ARR has not once increased its dividend. Being 30 cents below book value though, I don't think they do a dilutive SPO so 2 divies does seem like a fair estimate.