AGNC Investment Corp. (AGNCO) To Go Ex-Dividend on July 1st

AGNC Investment Corp. (NASDAQ:AGNCO) declared a quarterly dividend on Thursday, June 11th. Stockholders of record on Wednesday, July 1st will be paid a dividend of 0.5646 per share on Wednesday, July 15th. This represents a c) dividend on an annualized basis and a dividend yield of 8.9%. The ex-dividend date of this dividend is Wednesday, July 1st. This is a 1.2% increase from AGNC Investment’s previous quarterly dividend of $0.56.

AGNC Investment Price Performance

Shares of AGNCO opened at $25.42 on Monday. AGNC Investment has a 1-year low of $24.39 and a 1-year high of $25.80. The firm has a 50 day simple moving average of $25.50 and a 200-day simple moving average of $25.37.

AGNC Investment Company Profile

AGNC Investment Corp is a real estate investment trust (REIT) that specializes in the acquisition and management of residential mortgage-backed securities (RMBS) issued or guaranteed by U.S. government-sponsored enterprises. The company seeks to generate attractive risk-adjusted returns through a combination of net interest income and strategic portfolio financing. Its focus on agency RMBS aims to offer investors regular dividend income underpinned by the credit support provided by federal agencies.

The firm’s investment strategy centers on the purchase of mortgage-related assets, including securities guaranteed by the Government National Mortgage Association (GNMA), Federal National Mortgage Association (FNMA) and Federal Home Loan Mortgage Corporation (FHLMC).