AGNC Investment Corp. (NASDAQ:AGNCM – Get Free Report) declared a quarterly dividend on Wednesday, September 9th. Shareholders of record on Thursday, October 1st will be paid a dividend of 0.5358 per share on Thursday, October 15th. This represents a c) annualized dividend and a yield of 8.5%. The ex-dividend date of this dividend is Thursday, October 1st. This is a 2.5% increase from AGNC Investment’s previous quarterly dividend of $0.52.
AGNC Investment Stock Up 0.1%
NASDAQ:AGNCM opened at $25.35 on Thursday. The company has a 50-day moving average price of $25.09 and a 200-day moving average price of $24.91. AGNC Investment has a 12 month low of $23.63 and a 12 month high of $25.36.
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.
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