Wednesday, May 30, 2012

Wednesday Afternoon

AGNC Daily Chart (11:30AM)
This one pays an excellent dividend (15%+) and has a very nice uptrend.  You can see the periodic gaps down.  Those are the payouts made by this REIT.  The next payout should be very soon but I did not look it up.  (Do I have to do everything?)

If you wait for the drop and then buy it sure looks like that has been a winning trade.  If you want the dividend stream you can just hold on.  Be aware there was an article last week that suggested the payouts may be interrupted but I don't believe it.  With housing firming up I think this one will do well.