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
________________________________________________________________
Subscribe to:
Post Comments (Atom)
Popular Posts Last 30 Days
-
Though the market has only risen slightly this year, with the S&P 500 up about 1% year to date, stocks are still up significantly over l...
-
First, identify stocks with yields higher than average in the S&P 500. The average yield is around 2%, and with Treasuries offering just...
-
In bull markets, dividends become more or less irrelevant. When the Dow Jones Industrial Average traded above 14,000 in 2007, very few stoc...
-
This stock has a strong, diversified MOB portfolio that will throw off more cash in the future as aging trends and higher healthcare spendin...
-
A friend of mine used to joke that she was looking for Mr. Right, but all she ever found was Mr. Right Now. Luckily for investors, when it c...
-
Income investors are no strangers to real estate. By being a successful landlord, an investor can collect a steady stream of monthly rental ...
-
Few people have made more money in oil than T. Boone Pickens. The billionaire oil tycoon grew up in Oklahoma during the Great Depression. Fr...
-
These are on my list of the best dividend stocks which have generously contributed to my portfolio income over the past couple of months. Di...
-
Long-term investors know that dividends can have a major impact on returns over time. When the stock market is struggling to make gains like...
-
Income investors looking for solid dividend stocks often stick with more stable and proven companies -- and that's a winning strategy, t...
0 comments
Post a Comment
Post a Comment