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

AGNC Investment Corp. (NASDAQ:AGNC) declared a monthly dividend on Thursday, January 8th. Investors of record on Friday, January 30th will be paid a dividend of 0.12 per share by the real estate investment trust on Tuesday, February 10th. This represents a c) dividend on an annualized basis and a dividend yield of 12.9%. The ex-dividend date is Friday, January 30th.

AGNC Investment has decreased its dividend by an average of 0.1%annually over the last three years. AGNC Investment has a dividend payout ratio of 88.3% indicating that its dividend is currently covered by earnings, but may not be in the future if the company’s earnings fall. Equities research analysts expect AGNC Investment to earn $1.57 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 91.7%.

AGNC Investment Trading Up 1.2%

Shares of AGNC stock opened at $11.19 on Friday. The company has a debt-to-equity ratio of 0.01, a current ratio of 0.31 and a quick ratio of 0.31. AGNC Investment has a 1-year low of $7.85 and a 1-year high of $11.30. The stock has a market capitalization of $12.00 billion, a PE ratio of 16.70 and a beta of 1.36. The business has a 50-day moving average of $10.49 and a 200 day moving average of $10.00.

AGNC Investment (NASDAQ:AGNC) last posted its earnings results on Monday, October 20th. The real estate investment trust reported $0.35 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.38 by ($0.03). AGNC Investment had a net margin of 24.40% and a return on equity of 18.84%. The business had revenue of $836.00 million for the quarter, compared to analysts’ expectations of $466.39 million. During the same period last year, the firm posted $0.43 earnings per share. As a group, sell-side analysts anticipate that AGNC Investment will post 1.61 earnings per share for the current year.

AGNC Investment Company Profile

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.