AGNC Investment Corp. (NASDAQ:AGNCM – Get Free Report) announced a quarterly dividend on Wednesday, September 9th. Investors of record on Thursday, October 1st will be given a dividend of 0.5358 per share on Thursday, October 15th. This represents a c) dividend on an annualized basis and a dividend 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 Price Performance
Shares of AGNCM opened at $25.35 on Thursday. The stock’s 50-day simple moving average is $25.09 and its 200 day simple moving average is $24.91. AGNC Investment has a 52-week low of $23.63 and a 52-week high of $25.36.
AGNC Investment Company Profile
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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