Did you sell this stock short? Judging by your comments, you need to take a tutorial on how mortgage REITS function.
What's the matter john11? Did you short GILD in expectation of a bad quarterly report? Bad for you. Great for us shareholders who have confidence in this company.
Well NIck, then why are you here spouting your nonsense day after day. If AGNC is such a bad investment in your opinion, I presume you sold your shares a long time ago. If not, then apparently you are not listening to your own postings.
Book value is mostly related to a change in the asset value of the holdings, not a dividend distribution. If they gave no dividend, the book value would increase or decrease based upon the valuation of the loans at any point in time.
Well, you paid extra taxes for 2015, and you will pay extra capital gains taxes when you sell your shares because your broker will reduce your original cost basis by the amount of the return of capital, and they will report than number to the IRS. If you report a different number, you will have to justify the difference to the IRS.
It is not just Yahoo, it is lots of web site. Plus, ads popping up all over the place. Recently, I replaced my wireless mouse which was misbehaving with a wired gamer mouse. Works great, plus a major benefit is the small clickers on the right side of the mouse which control volume up and down. I always keep it at zero unless I want to hear something. No more fidgeting with the volume control on the screen.
A year ago, this stock was selling at $9.94. Today, it is at $6.51. That is a 35% drop. That is not chicken feed. I own a number of BDCs and Reits. While all of down, FSC is down a lot more than the rest of them.
I don't see where they mentioned anything about the first and second quarter dividend in 2015. So, are we left to guess whether they are dividends, or will they tell us in June of 2016 that they are Return of Capital.
Holy Smokes. What took then until the middle of this year to determine that ALL of 2014 dividends are NOT dividends but Return of Capital? Have they fired the CFO along with this announcement? Where did they think those cash distributions were coming from in 2014?
Fortunately, I hold this stock in a tax deferred IRA. So, this reclassification will not impact me. For those holding this stock in a taxable account, you will have the enjoyment of having to file an AMENDED 2014 Federal and possibly State return. Otherwise, you will have paid too much tax for 2014, and when you eventually sell the stock, you will be paying a higher capital gains tax because your purchase cost of this stock will have been reduced by the amount of the 2014 Return of Capital.
So, B of A just downgraded KORS to Neutral with a price target of $60. Let's see, right now the price is $46.29. So, a move to $60 would be nearly a 30% increase. Somehow that 30% increase is rated a Neutral at B or A. What a joke.
Today's volume was 70% above its 90 day average. The stock has dropped $5 a share in the last two months, and nearly $8 a share in the last 9 months.