AGNC Investment Corp. (NASDAQ:AGNCO) Declares Dividend Increase – $0.56 Per Share

AGNC Investment Corp. (NASDAQ:AGNCO) announced a quarterly dividend on Thursday, June 11th. Stockholders of record on Wednesday, July 1st will be given a dividend of 0.5646 per share on Wednesday, July 15th. This represents a c) annualized dividend and a dividend yield of 8.8%. The ex-dividend date is Wednesday, July 1st. This is a 1.2% increase from AGNC Investment’s previous quarterly dividend of $0.56.

AGNC Investment Price Performance

AGNC Investment stock opened at $25.57 on Friday. AGNC Investment has a 52-week low of $24.39 and a 52-week high of $25.87. The firm has a fifty day moving average of $25.34 and a 200-day moving average of $25.35.

About AGNC Investment

AGNC Investment Corp is a real estate investment trust (REIT) that specializes in the acquisition and management of residential mortgage-backed securities (RMBS) issued or guaranteed by U.S. government-sponsored enterprises. The company seeks to generate attractive risk-adjusted returns through a combination of net interest income and strategic portfolio financing. Its focus on agency RMBS aims to offer investors regular dividend income underpinned by the credit support provided by federal agencies.

The firm’s investment strategy centers on the purchase of mortgage-related assets, including securities guaranteed by the Government National Mortgage Association (GNMA), Federal National Mortgage Association (FNMA) and Federal Home Loan Mortgage Corporation (FHLMC).