AGNC Investment Corp. (NASDAQ:AGNCL – Get Free Report) declared a quarterly dividend on Wednesday, September 9th. Shareholders of record on Thursday, October 1st will be given a dividend of 0.4844 per share on Thursday, October 15th. This represents a c) dividend on an annualized basis and a yield of 7.7%. The ex-dividend date is Thursday, October 1st.
AGNC Investment Trading Down 0.8%
NASDAQ AGNCL opened at $25.18 on Thursday. AGNC Investment has a 1 year low of $23.61 and a 1 year high of $25.50. The company has a fifty day moving average price of $25.05 and a 200-day moving average price of $24.95.
AGNC Investment Company Profile
AGNC Investment Corp. is a real estate investment trust that specializes in investing in U.S. agency residential mortgage–backed securities guaranteed by government-sponsored enterprises such as Ginnie Mae, Fannie Mae and Freddie Mac. The company seeks to generate income by capturing the spread between the yields on its mortgage assets and its cost of funds, utilizing leverage provided primarily through short-term repurchase agreements with major financial institutions.
The firm’s portfolio is comprised of fixed-rate and adjustable-rate mortgage pools, with holdings diversified across coupons, vintages and collateral characteristics to manage prepayment and extension risk.
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