AGNC Investment Corp. Declares Quarterly Dividend of $0.48 (NASDAQ:AGNCL)

AGNC Investment Corp. (NASDAQ:AGNCL) announced a quarterly dividend on Thursday, March 12th. Investors of record on Wednesday, April 1st will be paid a dividend of 0.4844 per share on Wednesday, April 15th. This represents a c) annualized dividend and a dividend yield of 7.7%. The ex-dividend date is Wednesday, April 1st.

AGNC Investment Trading Up 0.4%

NASDAQ:AGNCL traded up $0.09 during mid-day trading on Friday, reaching $25.20. The stock had a trading volume of 667 shares, compared to its average volume of 12,252. The business’s 50 day moving average is $25.00 and its 200 day moving average is $24.89. AGNC Investment has a fifty-two week low of $22.84 and a fifty-two week high of $26.59.

AGNC Investment Company Profile

AGNC Investment Corp. is a real estate investment trust that specializes in investing in U.S. agency residential mortgage–backed securities guaranteed by government-sponsored enterprises such as Ginnie Mae, Fannie Mae and Freddie Mac. The company seeks to generate income by capturing the spread between the yields on its mortgage assets and its cost of funds, utilizing leverage provided primarily through short-term repurchase agreements with major financial institutions.

The firm’s portfolio is comprised of fixed-rate and adjustable-rate mortgage pools, with holdings diversified across coupons, vintages and collateral characteristics to manage prepayment and extension risk.