Just bought at $28.25 today...I last sold it for $48...I think this is a bargain with with this ~50% off price from the highs...and the next divy to boot coming up soon!
Maybe we'll get a penny quarterly divy increase! Its only been 2 years since the last increase. I think us shareholders deserve an increase since our company had done so well!
Time for a dividend increase..its only been 18 months since the last increase!
NLY borrows short term so long as short and long term move up in unison...the larger the gap (spread) the better our returns. If short term drop and long term stays or goes further higher...better for us too.
I am sure NLY performed their DDs as to whether the deal will go through. HTS is basically adjustable mortgages not fixed rate as NLY does.
Glad that happened!!! A bit more breathing room.
I can't believe it...I was going to post that very thought! Perfect timing too and @ $60 for a 3 for 2 split would be perfect after 25 years of trading. WM's first split!