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Valuentum Commentary
Oct 29, 2013
American Capital Agency Disappoints Again; Armour Residential Follows
The mREITs are scaling back risky exposure as book-value bleeding stalls in the third quarter. We’re still not interested in the group. Sep 20, 2013
Dividend Increases/Decreases for the Week Ending September 20
Let's take a look at dividend increases/decreases for the week ending September 20. Jul 30, 2013
American Capital Agency Loses $2.37 Per Share in Second Quarter
American Capital Agency succumbs to wider spreads in the broader mortgage backed securities market. We’re not deceived by the elevated yields in the mortgage REIT space, and we remain on the sidelines as we have been since the industry peak in September 2012. Jun 21, 2013
Dividend Increases for the Week Included Realty Income and US Bancorp; Dividend Cuts Included a Number of Mortgage REITs
We outline the dividend increases and cuts for the week ending June 21. Jun 19, 2013
Mortgage REITs Are Still Hurting
A rising 10-year Treasury yield and American Capital’s dividend cut have put downward pressure on the mREIT industry. May 29, 2013
Mortgage REITs Feeling the Pain
Shares of the mREITs took a pounding today. May 26, 2013
The Mortgage REIT Business Doesn't Work...
...if interest rates go up and if the yield curve is flatter. - Gary Kain, President and CIO, American Capital Agency (AGNC), May 23, 2013, acknowledging the "very real" bear case. Dec 30, 2012
Dividend Growth Portfolio Modeling Made Easy!
Do you or your clients have a dividend growth portfolio? If so, this model is indispensable. Nov 6, 2012
Annaly Capital Management's Third Quarter Results: Don't Say We Didn't Warn You!
Annaly reported disappointing third-quarter results. We warned members of the very poor structure of the mortgage REIT industry recently. Latest News and Media The High Yield Dividend Newsletter, Best Ideas
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