Monday, June 20, 2011

American Capital Agency Corp. (AGNC) goes ex-dividend tomorrow.

American Capital Agency Corp (NASDAQ: AGNC) is going ex-dividend tomorrow. To receive the dividend, the stock must be owned the day prior to the ex-dividend date. The current yield is 18.6%, which is equivalent to $5.6 for the year.  Watch the price drop following the ex-dividend date.  It usually drops the equivalent of the dividend which is $1.40 per share.
 
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Be seeing you!

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