Key Developments: American Capital Mortgage Investment Corp (MTGE.O)
22.43USD
3:05pm EDT
$-0.40 (-1.75%)
$22.83
$22.51
$22.59
$21.76
1,446,331
1,312,018
$26.71
$21.36
Latest Key Developments (Source: Significant Developments)
American Capital Mortgage Investment Corp First Quarter Dividend of $0.90 Per Share
American Capital Mortgage Investment Corp announced that Board of Directors has declared a cash dividend of $0.90 per share for the first quarter 2013. The dividend is payable on April 26, 2013 to common shareholders of record as of March 20, 2013, with an ex-dividend date of March 18, 2013. Full Article
American Capital Mortgage Investment Corp Announces Pricing Of Public Offering Of Common Stock
American Capital Mortgage Investment Corp announced that it priced a public offering of 20,000,000 shares of common stock for total expected gross proceeds of approximately $513 million before expenses. In connection with the offering, the Company has granted the underwriters an option for 30 days to purchase up to an additional 3,000,000 shares of common stock. The offering is subject to customary closing conditions and is expected to close on February 15, 2013. MTGE expects to use the net proceeds from this offering to invest, as market conditions warrant, in its targeted assets, which include agency mortgage investments, non-agency mortgage investments and other mortgage-related investments. Barclays, Citigroup, Credit Suisse Securities (USA) LLC, Morgan Stanley and Wells Fargo Securities are joint book-running managers for the offering. JMP Securities LLC and Keefe, Bruyette & Woods, Inc. are the co-lead managers for the offering. Maxim Group LLC and Wunderlich Securities are the co-managers for the offering. Full Article
American Capital Mortgage Investment Corp Announces Public Offering Of Common Stock
American Capital Mortgage Investment Corp announced that it plans to make a public offering of 18,000,000 shares of its common stock. In connection with the offering, the Company intends to grant the underwriters an option for 30 days to purchase up to an additional 2,700,000 shares of common stock. MTGE expects to use the net proceeds from this offering to invest, as market conditions warrant, in its targeted assets, which include agency mortgage investments, non-agency mortgage investments and other mortgage-related investments. Barclays, Citigroup, Credit Suisse Securities (USA) LLC, Morgan Stanley and Wells Fargo Securities are joint book-running managers for the offering. JMP Securities LLC and Keefe, Bruyette & Woods, Inc. are the co-lead managers for the offering. Maxim Group LLC and Wunderlich Securities are the co-managers for the offering. Full Article
American Capital Mortgage Investment Corp Declares Fourth Quarter Dividend of $0.90 Per Share
American Capital Mortgage Investment Corp announced that its Board of Directors has declared a cash dividend of $0.90 per share for the fourth quarter 2012. The dividend is payable on January 28, 2013 to common shareholders of record as of December 27, 2012, with an ex-dividend date of December 24, 2012. Full Article
American Capital Mortgage Investment Corp Announces $50 Million Share Buyback Program
American Capital Mortgage Investment Corp announced that its Board of Directors has authorized the repurchase of up to $50 million of its outstanding shares of common stock through December 31, 2013. The Company stated that it would be its intent only to repurchase shares when the repurchase price is less than its estimate of the current net book value of a share of common stock. When MTGE purchases its stock at a discount to book value, it increases the per share book value of the remaining shares. Shares may be purchased in the open market, including through block purchases, or through privately negotiated transactions, or pursuant to any trading plan that may be adopted in accordance with Rule 10b5-1 of the Securities and Exchange Commission. The timing, manner, price and amount of any repurchases will be determined in the Company's discretion and the program may be suspended, terminated or modified at any time for any reason. MTGE does not intend to repurchase any shares from directors, officers or other affiliates. The program does not obligate the Company to acquire any specific number of shares, and all repurchases will be made in accordance with SEC Rule 10b-18, which sets certain restrictions on the method, timing, price and volume of stock repurchases. Full Article
American Capital Mortgage Investment Corp Declares Third Quarter Dividend
American Capital Mortgage Investment Corp announced that the Board of Directors of the Company declared a third quarter dividend of $0.90 per share paid on October 26, 2012, to common stockholders of record as of September 21, 2012. Since the August 2011 initial public offering, the Company has declared and paid a total of $84.3 million in dividends, or $3.70 per share. After adjusting for the accrued dividend, the Company had approximately $19.4 million, or $0.54 per share, of undistributed estimated taxable income as of September 30, 2012. Full Article
American Capital Mortgage Investment Corp Declares Third Quarter Dividend Of $0.90 Per Share
American Capital Mortgage Investment Corp announced that its Board of Directors has declared a cash dividend of $0.90 per share for the third quarter 2012. The dividend is payable on October 26, 2012 to common shareholders of record as of September 21, 2012, with an ex-dividend date of September 19, 2012. Full Article
American Capital Mortgage Investment Corp Declares Second Quarter 2012 Dividend Of $0.90 Per Share
American Capital Mortgage Investment Corp announced that its Board of Directors has declared a cash dividend of $0.90 per share for the second quarter 2012. The dividend is payable on July 27, 2012 to common shareholders of record as of June 21, 2012, with an ex-dividend date of June 19, 2012. Full Article
American Capital Mortgage Investment Corp Announces Pricing Of Public Offering Of Common Stock
American Capital Mortgage Investment Corp announced that it priced a public offering of 11,000,000 shares of common stock for total expected gross proceeds of approximately $253 million before expenses. In connection with the offering, the Company has granted the underwriters an option for 30 days to purchase up to an additional 1,650,000 shares of common stock to cover overallotments, if any. The offering is expected to close on May 30, 2012. MTGE expects to use the net proceeds from this offering to invest, as market conditions warrant, in its targeted assets, which include agency mortgage investments, non-agency mortgage investments and other mortgage-related investments. Citigroup, Credit Suisse Securities (USA) LLC, Deutsche Bank Securities and UBS Securities LLC are joint book-running managers for the offering. Barclays Capital Inc. is the lead manager for the offering. Wunderlich Securities is the co-manager for the offering. Full Article
American Capital Mortgage Investment Corp Announces Public Offering Of Common Stock
American Capital Mortgage Investment Corp announced that it plans to make a public offering of 10,000,000 shares of its common stock. In connection with the offering, the Company intends to grant the underwriters an option for 30 days to purchase up to an additional 1,500,000 shares of common stock to cover overallotments. MTGE expects to use the net proceeds from this offering to invest, as market conditions warrant, in its targeted assets, which include agency mortgage investments, non-agency mortgage investments and other mortgage-related investments. Citigroup, Credit Suisse Securities (USA) LLC, Deutsche Bank Securities and UBS Securities LLC are joint book-running managers for the offering. Barclays Capital Inc. is the lead manager for the offering. Wunderlich Securities is the co-manager for the offering. Full Article
Earnings vs. 
Estimates
Thomson Reuters is the world's largest international multimedia news agency, providing investing news, world news, business news, technology news, headline news, small business news, news alerts, personal finance, stock market, and mutual funds information available on Reuters.com, video, mobile, and interactive television platforms. Thomson Reuters journalists are subject to an Editorial Handbook which requires fair presentation and disclosure of relevant interests.
NYSE and AMEX quotes delayed by at least 20 minutes. Nasdaq delayed by at least 15 minutes. For a complete list of exchanges and delays, please click here.
