Although we don't believe in timing the market or panicking over market movements, we do like to keep an eye on big changes -- just in case they're material to our investing thesis.
What: Shares of Anworth Mortgage Asset Corp.
So what: First, the company announced a $0.23-per-share dividend -- $0.02 lower than in previous quarters -- at about 8:30 a.m. Eastern. Nine hours later, management announced the buyback.
Now what: To be fair, Anworth isn't the only REIT taking a beating. Annaly Capital Management
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