AGNC Investment (NASDAQ:AGNCN) Stock Price Up 0.1% – Still a Buy?

AGNC Investment Corp. (NASDAQ:AGNCN)’s share price rose 0.1% on Thursday . The company traded as high as $25.74 and last traded at $25.72. Approximately 14,528 shares changed hands during mid-day trading, a decline of 46% from the average daily volume of 26,898 shares. The stock had previously closed at $25.70.

AGNC Investment Stock Up 0.4%

The stock has a 50 day moving average of $25.56 and a two-hundred day moving average of $25.55.

AGNC Investment Cuts Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, April 15th. Investors of record on Wednesday, April 1st were paid a $0.5652 dividend. The ex-dividend date was Wednesday, April 1st. This represents a $2.26 dividend on an annualized basis and a dividend yield of 8.8%.

AGNC Investment Company Profile

AGNC Investment Corp. is a real estate investment trust that primarily invests in residential mortgage-backed securities (MBS) guaranteed by U.S. government agencies or sponsored entities such as Ginnie Mae, Fannie Mae and Freddie Mac. The company seeks to generate income and total return through interest rate spreads, deploying leverage and hedging strategies to manage interest rate and spread risk. Its investment portfolio typically comprises agency MBS across various coupon rates and maturities, supplemented by financing instruments and derivatives to optimize risk-adjusted returns.

Founded in 2008 and headquartered in Bethesda, Maryland, AGNC Investment Corp.