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
-
As a relatively new blogger, the one thing that has stood out in my mind is the number of Canadian bloggers in the areas that I am most inte...
-
Investors wanting to enjoy steady and consistent income should consider dividend aristocrats. In fact, even in these chaotic times, dividend...
-
A select group of monthly dividend stocks pays dividends at a rate of 10% or higher. Those are the ones on this list. Investors should be aw...
-
Higher dividend yields often imply that the underlying company paying the dividend has a higher risk profile. However, that's not always...
-
Dividends and diversification -- those two things can help you achieve a comfortable retirement when combined with the income you will recei...
-
It's hard to beat a sustainable, high-yield dividend paired with a beaten-down valuation. The best dividend stocks offer high yields and...
-
How high is too high when it comes to dividend stocks? Of course, every income investor wants as much yield as possible. However, they also ...
-
When hunting for discounted investments, one excellent starting point is to look for businesses with dividend yields trading above their fiv...
-
Strange but true: seniors fear death less than running out of money in retirement. And unfortunately, even retirees who have built a nest eg...
-
While there’s nothing quite as exciting as betting everything on a hot growth enterprise, prudent investors may want to consider the best di...
0 comments
Post a Comment
Post a Comment
Note: Only a member of this blog may post a comment.