Sorry your information is incorrect. You might be mistaking the 'record' date for the ex-dividend date. To be a shareholder of record you must own shares that have cleared and by law that takes 3 days. You cannot buy the shares on the record date and get the dividend until the next dividend period expires.
the infamous mark-down on ex-div is not a lock. it all depends on market forces. stocks tend to fall on ex-div because short-interest can pile-on without having to pay the dividend as they would if they held through the end of the dividend period.
Yes, tomorrow 4/8 is the ex-dividend date where the stock trades without the dividend. You must own the stock today to collect this dividend. And yes you can buy it in the AH and still collect the dividend (not that you asked that i was just anticipating.)
why did aapl go for 7:1 split instead of a mathematically simpler 10:1? imho, aapl is gunning to replace ibm in the dow. the 7:1 put aapl's price to about 1/2 of ibm. i believe we will see aapl be added to the dow - how could it not? i believe that the dow will bump former computer manufacturer ibm from the dow to make room for aapl and aapl will go on to exceed ibm's current price range of 180-200. that's what i think and that's how i'm trading it.
the tnx was at today's level in august 2011 when agnc was trading 29. the fact that agnc is trading at 21 relative to this interest rate reflects how spooked investors have become. can anyone say "yield support"!? why is it the pundits are drooling over dow stocks with 4% yield, but a 20% yield is to be avoided!? the stock market is a strange place.
Oh my god i made a big mistake - filing for bankruptcy tomorrow - how could i have been soo stupid not to consult a genius of your caliber, knh, before making an investment decision. ...................... Not
in the seeking alpha transcript of AGNC's recent presentation they mention that they would activate their stock repurchase program when the stock price fell below book value which it is now. buying ahead of the dividend distribution helps with the dividend by reducing the float - fewer shares to send dividend checks for, right?
Hope you have stock to cover those calls. I will sell July calls against my shares after the ex-date, the dividend is too rich to risk having my shares called away. I will roll to August then sit out Sept. - I think that's the way to play a high yield covered-call - sit on hands, or sell puts every third month.
it is dropping because the interest rate on ten year treasury notes is rising- see ^tnx - and it is perceived that agnc is rate sensitive. all real estate related investments are getting slammed, this is not specific to agnc
you maybe could improve the trade by buying the call deeper in time. buy the call out a few months and get the front month short puts to pay for it. after the front month expires you could have a free call. that makes the big money if the market goes your way.
i like it. it will be profitable anywhere above 26 at jun expiration. very much so if above 27. good luck.
The new round of currency limbo has exported foreign problems to the US. This is lowering prices on $ denominated commodities by strengthening the $.
understood. we should get some extrinsic value back in the april and may options now that they have no dividend hanging in the balance , no?
I am not aware that options on mREIT's have any different workings than options on any other dividend paying equity. Edify me.