AGNC Investment Corp. Plans Quarterly Dividend of $0.55 (NASDAQ:AGNCZ)

AGNC Investment Corp. (NASDAQ:AGNCZ) declared a quarterly dividend on Thursday, June 11th. Stockholders of record on Wednesday, July 1st will be paid a dividend of 0.5469 per share on Wednesday, July 15th. This represents a c) annualized dividend and a dividend yield of 8.6%. The ex-dividend date is Wednesday, July 1st.

AGNC Investment Stock Performance

Shares of AGNCZ opened at $25.33 on Friday. The stock has a 50 day simple moving average of $25.27. AGNC Investment has a 12-month low of $24.58 and a 12-month high of $26.37.

AGNC Investment (NASDAQ: AGNCZ) is a real estate investment trust (REIT) that focuses on investing in residential mortgage-backed securities (RMBS), with an emphasis on agency securities guaranteed by U.S. government-sponsored enterprises and agencies. The company’s core business is to acquire and manage portfolios of mortgage-related assets and to generate income through the spread between the interest earned on those assets and its financing costs.

AGNC’s investment activities typically include purchasing agency RMBS and other mortgage-related securities, and using derivatives and hedging strategies to manage interest-rate and spread exposure.