AGNC Investment (NASDAQ:AGNCN – Get Free Report) is anticipated to release its resultson Monday, July 20th. Analysts expect the company to post earnings of $0.3814 per share and revenue of $1.0554 billion for the quarter.
AGNC Investment Price Performance
Shares of AGNCN stock opened at $25.64 on Friday. The company’s fifty day simple moving average is $25.70 and its 200-day simple moving average is $25.58. AGNC Investment has a 12 month low of $24.65 and a 12 month high of $26.11.
AGNC Investment Increases Dividend
The firm also recently announced a quarterly dividend, which was paid on Wednesday, July 15th. Investors of record on Wednesday, July 1st were given a $0.572 dividend. This represents a $2.29 dividend on an annualized basis and a yield of 8.9%. This is an increase from AGNC Investment’s previous quarterly dividend of $0.57. The ex-dividend date of this dividend was Wednesday, July 1st.
About AGNC Investment
AGNC Investment Corp. is a real estate investment trust that primarily invests in residential mortgage-backed securities (MBS) guaranteed by U.S. government agencies or sponsored entities such as Ginnie Mae, Fannie Mae and Freddie Mac. The company seeks to generate income and total return through interest rate spreads, deploying leverage and hedging strategies to manage interest rate and spread risk. Its investment portfolio typically comprises agency MBS across various coupon rates and maturities, supplemented by financing instruments and derivatives to optimize risk-adjusted returns.
Founded in 2008 and headquartered in Bethesda, Maryland, AGNC Investment Corp.
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