AGNC Investment Corp. (NASDAQ:AGNC) Announces $0.12 Monthly Dividend

AGNC Investment Corp. (NASDAQ:AGNC) announced a monthly dividend on Thursday, January 8th. Shareholders of record on Friday, January 30th will be given a dividend of 0.12 per share by the real estate investment trust on Tuesday, February 10th. This represents a c) dividend on an annualized basis and a yield of 12.9%. The ex-dividend date of this dividend is Friday, January 30th.

AGNC Investment has decreased its dividend payment by an average of 0.1%per year over the last three years. AGNC Investment has a dividend payout ratio of 88.3% meaning its dividend is currently covered by earnings, but may not be in the future if the company’s earnings fall. Equities research analysts expect AGNC Investment to earn $1.57 per share next year, which means the company should continue to be able to cover its $1.44 annual dividend with an expected future payout ratio of 91.7%.

AGNC Investment Trading Up 1.2%

Shares of NASDAQ:AGNC opened at $11.19 on Friday. The company has a debt-to-equity ratio of 0.01, a quick ratio of 0.31 and a current ratio of 0.31. The stock’s 50-day moving average is $10.49 and its 200-day moving average is $10.00. The company has a market cap of $12.00 billion, a P/E ratio of 16.70 and a beta of 1.36. AGNC Investment has a 52-week low of $7.85 and a 52-week high of $11.30.

AGNC Investment (NASDAQ:AGNC) last announced its earnings results on Monday, October 20th. The real estate investment trust reported $0.35 earnings per share for the quarter, missing the consensus estimate of $0.38 by ($0.03). The business had revenue of $836.00 million for the quarter, compared to the consensus estimate of $466.39 million. AGNC Investment had a net margin of 24.40% and a return on equity of 18.84%. During the same quarter in the previous year, the company earned $0.43 EPS. Equities research analysts predict that AGNC Investment will post 1.61 earnings per share for the current year.

About AGNC Investment

AGNC Investment Corp. is a self-managed real estate investment trust (REIT) that primarily acquires and manages a portfolio of residential mortgage-backed securities guaranteed by U.S. government-sponsored enterprises such as Ginnie Mae, Fannie Mae and Freddie Mac. The company employs a leveraged total return strategy, borrowing against its securities to enhance income potential while using interest rate hedges to manage risk. AGNC’s investment objective is to generate attractive monthly dividends and long-term capital appreciation for its shareholders.

Founded in 2008 and headquartered in Bethesda, Maryland, AGNC focuses exclusively on U.S.