AGNC announces monthly dividend

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Meconomy153
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AGNC announces monthly dividend

Post by Meconomy153 » Sat Oct 18, 2014 6:32 pm

American Capital Agency Corp. (Nasdaq: AGNC) has announced a change to the Company's stock dividend distribution schedule so that distributions will now be made monthly ($0,22) rather than quarterly ($0,65). The Company's first monthly common dividend is scheduled in October 2014 and paid in November 2014.

The Company also announced that it will begin disclosing a month-end net asset value estimate, for intra-quarter months.

I think these initiatives will provide more trust in American Capital Agency Corp and more value in the stock so the stock can go to the value of the asset value. What do you think?

Meconomy153
Site Admin
Posts: 95
Joined: Sun Oct 12, 2014 2:00 pm

Re: AGNC announces monthly dividend

Post by Meconomy153 » Tue Nov 18, 2014 12:38 am

Great!

AGNC announced today for this month a cash dividend of $0.22 per share for November 2014. The dividend is payable on December 5, 2014 (ex-dividend date is November 26, 2014).

The estimated net asset value ("NAV") is $25.71 per share as of October 31, 2014. This is a big discount to the share price at the market.

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