American Capital Agency Corp. (AGNC) will report 4th quarter 2010 earnings after the US markets close on February 8th, 2011. The company said earlier this month that earnings would exceed $1.20 per share. Unnamed analysts expect earnings of $1.29 per share. AGNC also reported that they would pay another dividend of $1.40 per share. Expect a dividend cut in an upcoming quarter because their dividend payout ratio exceeds 100% and has exceeded it for more than one quarter. I think this confirms the fact that AGNC does not have the earning power to sustain a $1.40 per share dividend. Be sure to subscribe to www.myhighdividendstocks.com/feed to receive more AGNC analysis delivered to your reader once their quarterly report is available. Disclosure: I don't own AGNC. Here is the link to the press release: http://finance.yahoo.com/news/AGNC-Will-Report-Q4-2010-prnews-3553937482.html... Subscribe today at www.myhighdividendstocks.com/feed to discover high dividend stocks with earning power and strong balance sheets. Be seeing you!
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