AGNC Investment Corp. (NASDAQ:AGNCM – Get Free Report) declared a quarterly dividend on Thursday, June 11th. Shareholders of record on Wednesday, July 1st will be given a dividend of 0.5228 per share on Wednesday, July 15th. This represents a c) dividend on an annualized basis and a yield of 8.3%. The ex-dividend date is Wednesday, July 1st. This is a 1.2% increase from AGNC Investment’s previous quarterly dividend of $0.52.
AGNC Investment Stock Performance
NASDAQ AGNCM opened at $25.05 on Friday. AGNC Investment has a one year low of $23.63 and a one year high of $25.36. The firm’s fifty day moving average is $24.73 and its two-hundred day moving average is $24.78.
About AGNC Investment
AGNC Investment Corp is a real estate investment trust that primarily invests in residential mortgage-backed securities guaranteed by U.S. government-sponsored enterprises, such as Fannie Mae, Freddie Mac and Ginnie Mae. The company seeks to generate attractive risk-adjusted returns for its shareholders by acquiring agency mortgage assets and funding them with a combination of short-term repurchase agreements and longer-term debt instruments.
To manage interest rate and prepayment risk, AGNC Investment employs a range of hedging strategies, including interest rate swaps, swaptions and treasury locks.
Further Reading
- Five stocks we like better than AGNC Investment
- Build On a Strong Earnings Season With These 3 ETFs
- Microsoft Just Gave Investors 3 Dates They Can’t Afford to Ignore
- NVIDIA’s Outlook Gains Momentum: Stock Price to Follow
- The World Cup Is Coming—These 3 Stocks Could Cash In
Receive News & Ratings for AGNC Investment Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for AGNC Investment and related companies with MarketBeat.com's FREE daily email newsletter.
