The latest decline in this stock doesn't match with the fundamentals for dividends, so I'm able to bring out the buy rating. In previous coverage, I was on the fence because share prices were just a bit too high. The steeper yield curve is very positive for dividend sustainability, and I believe the $0.18 dividend looks very solid. This is a clear and easy call for me to make. This is a buy rating on the company.
An upgrade for American Capital Agency Corp. (NASDAQ:AGNC) is a little overdue. The company reported a great third quarter, and shares jumped too high for me to come out with a buy rating following the announcement. To be fair, they were climbing prior to the announcement coming out. When I previewed the announcement, shares were running $19.48, and I came out in the neutral camp. I correctly predicted what the company would report for the third quarter, and shares rallied past $20. Following up on the earnings release and subsequent call, I decided to stick with my neutral rating. The prices were just too high to upgrade, even though the portfolio met my expectations and beat analysts' expectations.
Source: Seeking Alpha
Related Articles:
- The Most Important Thing To Consider When Selecting A Dividend Stock
- 5 Healthcare Stocks With Growing Dividends Yielding In Excess of 2%
- 3 Powerful Concepts for Compounding Wealth with Dividend Stocks
- Why We Are Dividend Growth Investors
- 5 Higher Yielding, Lower Risk Stocks To Perk Up Your Dividend Income
11% Yield And An Upgrade On Improving Fundamentals
Posted by D4L | Wednesday, November 30, 2016 | ArticleLinks | 0 comments »________________________________________________________________
Subscribe to:
Post Comments (Atom)
Popular Posts Last 30 Days
-
All seven equities on this list have dividend yields above 13%, but the highest one yields nearly 27%! In addition, each equity has a positi...
-
There are some dividend aristocrats which have not only maintained but increased their dividends for over half a century. Having survived ev...
-
Dividend-payng semiconductor stocks to buy during a computer chip shortage for electric vehicles (EV), smartphones and other technology prod...
-
Dividend safety is especially important when stock prices are falling. Many companies cut their dividend payouts in 2020 during the coronavi...
-
Investors in retirement may desire additional income. Those who don’t have a pension are likely relying on Social Security, and their retire...
-
Sometimes, stocks are a bargain because the company's prospects are being overlooked, and sometimes, it's just the result of a broad...
-
Investing in dividend-paying stocks is a good way to generate fairly reliable income. However, that strategy doesn't necessarily mean yo...
-
The four dividend-paying retail technology stocks to buy towered over the rest at a BoA Global Research Consumer & Retail Technology C...
-
High yields are often found in sectors that are out of favor, which is why you can get some pretty impressive dividends from the energy sect...
-
If you're looking for income, turning to your investment portfolio is a natural choice. Lately, that's been a tough assignment, beca...

0 comments
Post a Comment
Post a Comment
Note: Only a member of this blog may post a comment.