AGNC Investment Corp. (NASDAQ:AGNCL – Get Free Report) shares traded up 1.4% on Monday. The stock traded as high as $24.21 and last traded at $24.14. Approximately 14,010 shares were traded during mid-day trading, a decline of 2% from the average session volume of 14,295 shares. The stock had previously closed at $23.80.
AGNC Investment Price Performance
The firm has a 50-day moving average of $24.82 and a two-hundred day moving average of $24.92.
AGNC Investment Announces Dividend
The company also recently disclosed a quarterly dividend, which was paid on Thursday, October 15th. Stockholders of record on Thursday, October 1st were paid a $0.4844 dividend. This represents a $1.94 annualized dividend and a dividend yield of 7.9%. The ex-dividend date of this dividend was Thursday, October 1st.
AGNC Investment Company Profile
AGNC Investment Corp. is a real estate investment trust focused primarily on agency residential mortgage-backed securities. These securities are backed by U.S. government agencies or government-sponsored enterprises, including Fannie Mae, Freddie Mac and Ginnie Mae. The company finances its investments through borrowing and uses hedging strategies to manage risks such as changes in interest rates and mortgage prepayments. Its business is centered on the U.S. residential mortgage market. Founded in 2008, AGNC is based in Bethesda, Maryland.
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