American Capital Agency Series A Cumulative Redeemable Preferred Stock About To Put More Money In Your Pocket

On 12/29/14, American Capital Agency Corp's 8.000% Series A Cumulative Redeemable Preferred Stock (NASD: AGNCP) will trade ex-dividend, for its quarterly dividend of $0.50, payable on 1/15/15. As a percentage of AGNCP's recent share price of $26.83, this dividend works out to approximately 1.86%, so look for shares of AGNCP to trade 1.86% lower — all else being equal — when AGNCP shares open for trading on 12/29/14. On an annualized basis, the current yield is approximately 7.54%, which comp...