AGNC Investment Corp. (NASDAQ:AGNC) declared a sep 19 dividend on Tuesday, September 10th, RTT News reports. Shareholders of record on Monday, September 30th will be paid a dividend of 0.16 per share by the real estate investment trust on Wednesday, October 9th. The ex-dividend date of this dividend is Friday, September 27th.

AGNC Investment has decreased its dividend by an average of 4.8% per year over the last three years. AGNC Investment has a payout ratio of 78.7% meaning its dividend is currently covered by earnings, but may not be in the future if the company’s earnings fall. Research analysts expect AGNC Investment to earn $1.96 per share next year, which means the company should continue to be able to cover its $1.92 annual dividend with an expected future payout ratio of 98.0%.

Shares of AGNC Investment stock traded up $0.12 on Wednesday, reaching $15.84. 5,844,399 shares of the company were exchanged, compared to its average volume of 5,351,639. The firm has a market cap of $8.40 billion, a price-to-earnings ratio of 6.74, a P/E/G ratio of 2.60 and a beta of 0.27. AGNC Investment has a 1-year low of $14.51 and a 1-year high of $19.06. The company has a debt-to-equity ratio of 0.03, a quick ratio of 0.13 and a current ratio of 0.13. The company’s 50-day moving average is $16.22 and its two-hundred day moving average is $17.15.

AGNC Investment (NASDAQ:AGNC) last posted its earnings results on Wednesday, July 24th. The real estate investment trust reported $0.49 EPS for the quarter, missing the consensus estimate of $0.50 by ($0.01). AGNC Investment had a positive return on equity of 11.47% and a negative net margin of 62.31%. The firm had revenue of $123.00 million during the quarter, compared to the consensus estimate of $289.69 million. During the same quarter last year, the company posted $0.63 EPS. As a group, sell-side analysts forecast that AGNC Investment will post 1.97 earnings per share for the current year.

Several research firms have weighed in on AGNC. ValuEngine cut AGNC Investment from a “hold” rating to a “sell” rating in a research note on Friday, August 16th. JPMorgan Chase & Co. reduced their target price on AGNC Investment from $18.00 to $17.50 and set an “overweight” rating on the stock in a report on Wednesday, July 24th. TheStreet lowered AGNC Investment from a “c” rating to a “d+” rating in a research report on Thursday, July 25th. Maxim Group restated a “buy” rating and issued a $18.00 target price on shares of AGNC Investment in a research note on Friday, July 26th. Finally, BidaskClub downgraded shares of AGNC Investment from a “sell” rating to a “strong sell” rating in a research report on Wednesday, September 4th. Three investment analysts have rated the stock with a sell rating, two have given a hold rating and four have assigned a buy rating to the stock. The company has a consensus rating of “Hold” and a consensus price target of $18.17.

AGNC Investment Company Profile

AGNC Investment Corp., formerly American Capital Agency Corp., is a real estate investment trust. The Company invests in agency residential mortgage-backed securities on a leveraged basis. Its investments consist of residential mortgage pass-through securities and collateralized mortgage obligations (CMOs) for which the principal and interest payments are guaranteed by a government-sponsored enterprise, such as the Federal National Mortgage Association (Fannie Mae) and the Federal Home Loan Mortgage Corporation (Freddie Mac), or by the United States Government agency, such as the Government National Mortgage Association (Ginnie Mae) (collectively, GSEs).

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Dividend History for AGNC Investment (NASDAQ:AGNC)

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