And where do you think the stock price will go when the 10 year starts to rise? The 10 year has limited downside from here and much more upside. I see NLY trading in a range of $10.50 to $11 for the next 6 months.
It's only a matter of time before the others follow with more downgrades and earning cuts! With same store sales dropping and wages rising this is overpriced at this level. Expect a retest of the low 90's.
That .30 your collecting is from 30 days ago when the stock was $11.76 so your down on principle. The next ex-date is still 60 days away so like I said, I'm waiting.