AGNC Investment Corp. (NASDAQ:AGNC) Declares $0.12 Monthly Dividend

AGNC Investment Corp. (NASDAQ:AGNCGet Free Report) announced a monthly dividend on Thursday, June 11th. Investors of record on Tuesday, June 30th will be given a dividend of 0.12 per share by the real estate investment trust on Friday, July 10th. This represents a c) annualized dividend and a yield of 14.0%. The ex-dividend date is Tuesday, June 30th.

AGNC Investment has decreased its dividend payment by an average of 0.0%per year over the last three years. AGNC Investment has a dividend payout ratio of 88.3% meaning its dividend is currently covered by earnings, but may not be in the future if the company’s earnings fall. Analysts expect AGNC Investment to earn $1.51 per share next year, which means the company should continue to be able to cover its $1.44 annual dividend with an expected future payout ratio of 95.4%.

AGNC Investment Stock Up 1.2%

AGNC stock opened at $10.30 on Friday. The company has a market capitalization of $11.82 billion, a P/E ratio of 8.51 and a beta of 1.32. The company has a 50-day simple moving average of $10.50 and a 200 day simple moving average of $10.77. AGNC Investment has a fifty-two week low of $9.05 and a fifty-two week high of $12.19.

AGNC Investment (NASDAQ:AGNCGet Free Report) last posted its quarterly earnings data on Monday, April 20th. The real estate investment trust reported $0.42 earnings per share for the quarter, topping the consensus estimate of $0.36 by $0.06. The business had revenue of ($114.00) million during the quarter, compared to the consensus estimate of $411.57 million. AGNC Investment had a net margin of 39.50% and a return on equity of 18.31%. Equities analysts anticipate that AGNC Investment will post 1.56 EPS for the current year.

Key Headlines Impacting AGNC Investment

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AGNC Investment Company Profile

(Get Free Report)

AGNC Investment Corp. is a self-managed real estate investment trust (REIT) that primarily acquires and manages a portfolio of residential mortgage-backed securities guaranteed by U.S. government-sponsored enterprises such as Ginnie Mae, Fannie Mae and Freddie Mac. The company employs a leveraged total return strategy, borrowing against its securities to enhance income potential while using interest rate hedges to manage risk. AGNC’s investment objective is to generate attractive monthly dividends and long-term capital appreciation for its shareholders.

Founded in 2008 and headquartered in Bethesda, Maryland, AGNC focuses exclusively on U.S.

Further Reading

Dividend History for AGNC Investment (NASDAQ:AGNC)

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