AGNC Investment (NASDAQ:AGNCM) Trading Down 0.1% – Here’s Why

Shares of AGNC Investment Corp. (NASDAQ:AGNCMGet Free Report) were down 0.1% during trading on Wednesday . The company traded as low as $23.51 and last traded at $23.95. Approximately 31,277 shares changed hands during trading, an increase of 52% from the average daily volume of 20,527 shares. The stock had previously closed at $23.98.

AGNC Investment Price Performance

The firm has a 50-day moving average of $24.94 and a two-hundred day moving average of $25.09.

AGNC Investment Cuts Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, April 15th. Stockholders of record on Tuesday, April 1st were issued a $0.5563 dividend. The ex-dividend date was Tuesday, April 1st. This represents a $2.23 dividend on an annualized basis and a dividend yield of 9.23%.

AGNC Investment Company Profile

(Get Free Report)

AGNC Investment Corp. provides private capital to housing market 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.

Further Reading

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