I honestly don't know what to make of today's 8K. I wasn't expecting the confirmation of the 4th quarter dividend until mid December, and where's the statement of book value?
They seem to want to support the current stock price. They also appear to have avoided selling any non-agency bonds, which reduced taxable income, and made a portion of the dividend return of capital. That's a reasonable business decision and is likely to benefit stockholders in the long run.
But I'm confused about the timing. They didn't say anything that couldn't have waited for another two or three weeks.