AGNC Investment Corp. (NASDAQ:AGNCP – Get Free Report) was up 0.3% on Wednesday . The stock traded as high as $25.24 and last traded at $25.22. Approximately 41,080 shares were traded during trading, a decline of 51% from the average daily volume of 84,515 shares. The stock had previously closed at $25.15.
AGNC Investment Trading Up 0.3%
The firm’s fifty day moving average price is $24.75 and its two-hundred day moving average price is $24.87.
AGNC Investment Cuts Dividend
The firm also recently announced a quarterly dividend, which was paid on Wednesday, April 15th. Investors of record on Wednesday, April 1st were issued a $0.5394 dividend. This represents a $2.16 dividend on an annualized basis and a dividend yield of 8.6%. The ex-dividend date was Wednesday, April 1st.
AGNC Investment Company Profile
AGNC Investment Corp is a real estate investment trust that specializes in residential mortgage-backed securities. The company’s core business activity involves investing primarily in agency mortgage-backed securities issued and guaranteed by U.S. government-sponsored entities such as Fannie Mae, Freddie Mac and Ginnie Mae. AGNC uses secured financing, including repurchase agreements, to leverage its portfolio and seek to generate attractive risk-adjusted returns.
Founded in April 2008 and headquartered in Bethesda, Maryland, AGNC Investment Corp operates predominantly within the United States residential mortgage market.
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