Cove Street Capital LLC Trims Stake in AGNC Investment Corp. (NASDAQ:AGNCN)

Cove Street Capital LLC reduced its holdings in AGNC Investment Corp. (NASDAQ:AGNCNFree Report) by 35.0% during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The fund owned 9,100 shares of the company’s stock after selling 4,900 shares during the quarter. Cove Street Capital LLC’s holdings in AGNC Investment were worth $229,000 as of its most recent filing with the SEC.

AGNC Investment Trading Up 0.1 %

NASDAQ AGNCN traded up $0.03 on Monday, reaching $25.70. The company had a trading volume of 14,524 shares, compared to its average volume of 32,530. The stock’s 50 day moving average is $25.39 and its 200-day moving average is $25.36. AGNC Investment Corp. has a 52 week low of $23.52 and a 52 week high of $26.18.

AGNC Investment Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, January 16th. Stockholders of record on Monday, January 1st were paid a dividend of $0.6884 per share. The ex-dividend date was Thursday, December 28th. This is a positive change from AGNC Investment’s previous quarterly dividend of $0.68. This represents a $2.75 annualized dividend and a dividend yield of 10.71%.

AGNC Investment Company Profile

(Free Report)

AGNC Investment Corp. operates as a real estate investment trust (REIT) in the United States. It invests in residential mortgage pass-through securities and collateralized mortgage obligations for which the principal and interest payments are guaranteed by the United States government-sponsored enterprise or by the United States government agency.

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