Orlando, FL -- (SBWIRE) -- 10/16/2013 -- Hot Stock Profits provides investors and traders with valuable trading tools and content as well as micro-cap stock alerts via eMail and text messages. To Join Our Text Message Alerts Service Just Text The Word Stocks To 555888 From Your Cell Phone. Our Focus Today Is On Lennar Corporation(NYSE:LEN), American Capital Agency Corp. (NASDAQ:AGNC).
Lennar Corporation(NYSE:LEN) shares declined 2.83% to $33.34. The company on Oct. 7 announced that the grand opening of the first of the Great Park Neighborhoods was a tremendous success. More than 28,000 people attended the September 28th and 29th grand opening weekend of Pavilion Park in Irvine, California, a meticulously planned community of 726 homes by eight builders. Pavilion Park is the first of the Great Park Neighborhoods, a master-planned community envisioned to include 9,500 residential units and 4 million square feet of commercial space.
Additionally, the company will begin trading ex-dividend on October 16, 2013. A cash dividend payment of $0.04 per share is scheduled to be paid on November 01, 2013. Shareholders who purchased LEN stock prior to the ex-dividend date are eligible for the cash dividend payment.
Are investors worried about the recent updates with LEN? Find out with a free trend analysis HERE
American Capital Agency Corp. (NASDAQ:AGNC) shares jumped 0.81% to $22.37. The company will begin trading ex-dividend on September 26, 2013. A cash dividend payment of $0.8 per share is scheduled to be paid on October 28, 2013.
The Company also announced that in the third quarter of 2013, it made open market purchases of approximately 11.9 million shares of American Capital Agency common stock, or 3% of the Company's outstanding shares as of June 30, 2013. The shares were purchased at an average price of $22.16 per share, including expenses, totaling approximately $263 million.
Is AGNC going to continue its rally or drop like a rock? Find out with a free trend analysis HERE
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