AGNC Investment Corp. (AGNC) to Issue Monthly Dividend of $0.12 on March 10th

AGNC Investment Corp. (NASDAQ:AGNC) announced a monthly dividend on Wednesday, February 11th. Stockholders of record on Friday, February 27th will be given a dividend of 0.12 per share by the real estate investment trust on Tuesday, March 10th. This represents a c) annualized dividend and a dividend yield of 12.7%. The ex-dividend date of this dividend is Friday, February 27th.

AGNC Investment has decreased its dividend payment by an average of 0.0%annually over the last three years. AGNC Investment has a payout ratio of 88.3% indicating that its dividend is currently covered by earnings, but may not be in the future if the company’s earnings fall. 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 Down 0.4%

NASDAQ AGNC opened at $11.38 on Friday. AGNC Investment has a 52 week low of $7.85 and a 52 week high of $12.19. The company has a 50 day moving average price of $11.15 and a 200 day moving average price of $10.39. The company has a quick ratio of 0.31, a current ratio of 0.31 and a debt-to-equity ratio of 0.01. The firm has a market cap of $12.21 billion, a PE ratio of 8.13 and a beta of 1.37.

AGNC Investment (NASDAQ:AGNC) last issued its quarterly earnings results on Monday, January 26th. The real estate investment trust reported $0.35 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.37 by ($0.02). AGNC Investment had a net margin of 47.40% and a return on equity of 19.13%. The company had revenue of $995.00 million for the quarter, compared to analyst estimates of $354.75 million. As a group, sell-side analysts forecast that AGNC Investment will post 1.61 EPS for the current fiscal 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.