AGNC reported 3Q2010 earnings of $1.69/share and dividend of $1.40/share

AGNC just released it 3Q2010 earnings.  You can read the whole press release at this link http://finance.yahoo.com/news/AGNC-Reports-169-Earnings-Per-prnews-187565066.html?x=0&.v=1

 

Some highlights include:

THIRD QUARTER 2010 FINANCIAL HIGHLIGHTS

• $1.69 per share of net income
  • $1.11 per share, excluding $0.59 per share of other investment related income and $0.01 per share of accrued excise tax
• $1.59 per share of taxable income
• $1.40 per share dividend declared

I find the "other investment related income" interesting.  They sold agency securities.  Did they sell them to lower the dividend payout ratio?

 

Be seeing you!