October 11, 2010

CMO announces dividend of 0.26 per share, but drops below my 10% threashold

CMO's dividend has dropped below my 10% threshold for holding dividend stocks. I'll be looking for a profitable exit point for this stock as my holding is currently at loss. 9.45% is OK, but we try to do better!

AGNC has proven much more profitable mortgage stock to either trade or hold for it's nearly 20% dividend.

You can see the decline in the dividend below or see previous post.

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