AGNC will issue another 28 million shares to buy more agency securities. The offer equates to about $27.85 per share. Shares traded at around $29 today. They will need to cut there dividend in the near future because they were already paying out at above 115% with there $1.40 quarterly dividend. Here is the link to the press release: http://yhoo.it/hV5KaN Subscribe today for free at www.Myhighdividedstocks.com/feed to discover high dividend stocks with earning power and strong balance sheets. Be seeing you!
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