AGNC Investment Corp. (NASDAQ:AGNCM – Get Free Report) announced a quarterly dividend on Thursday, June 11th. Stockholders of record on Wednesday, July 1st will be paid a dividend of 0.5228 per share on Wednesday, July 15th. This represents a c) annualized dividend and a dividend yield of 8.3%. The ex-dividend date is Wednesday, July 1st. This is a 1.2% increase from AGNC Investment’s previous quarterly dividend of $0.52.
AGNC Investment Stock Performance
AGNC Investment stock opened at $25.05 on Monday. AGNC Investment has a 52-week low of $23.63 and a 52-week high of $25.36. The company’s 50 day moving average is $24.95 and its two-hundred day moving average is $24.83.
About AGNC Investment
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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