AGNC Investment Corp. (NASDAQ:AGNCL – Get Free Report) declared a quarterly dividend on Wednesday, September 9th. Stockholders of record on Thursday, October 1st will be given a dividend of 0.4844 per share on Thursday, October 15th. This represents a c) annualized dividend and a dividend yield of 7.7%. The ex-dividend date is Thursday, October 1st.
AGNC Investment Stock Performance
NASDAQ AGNCL opened at $25.16 on Friday. The company’s 50 day moving average is $25.06 and its two-hundred day moving average is $24.95. AGNC Investment has a 12 month low of $23.61 and a 12 month high of $25.50.
About AGNC Investment
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.
Recommended Stories
- Five stocks we like better than AGNC Investment
- AeroVironment’s Record Backlog and Earnings Beat Fuel Recovery Case
- Corning Just Locked In a Massive Verizon Fiber Deal as AI Infrastructure Expands
- 3 Under-$20 Stocks Tied to the Future of U.S. Energy and Materials
- Uncle Sam’s Quantum Leap: Feds Fund a $300M Quantum Supercycle
Receive News & Ratings for AGNC Investment Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for AGNC Investment and related companies with MarketBeat.com's FREE daily email newsletter.
