I am of the opinion the dividend will increase. The dividend was lowered so that the new shareholders could get the 3rd Quarter dividend & they didn't put any cash into the Corp until half the quarter was over.
Holding. and holding 500 shares cost basis is 19.50 - .80 = 18.70 May buy more, and think like kirby that the divy will increase. Looks like 16 or less may be a good price to buy , but more bad news and we may fall even further.
All true, but the book value is getting hit on the nonagency portfolio. Doesn't mean that this continues, but if it does throughout the rest of Sept, the book is going to show a hit (the swaps decline and agency increase should wash) and the earnings too. That could be priced in to the stock already, but don't rule out a stock market reaction when it is announced. The hit to nonagencies means they can't increase leverage on that part of the portfolio.