AGNC Investment Corp. (NASDAQ:AGNCO) Declares Dividend Increase – $0.58 Per Share

AGNC Investment Corp. (NASDAQ:AGNCO) announced a quarterly dividend on Wednesday, September 9th. Stockholders of record on Thursday, October 1st will be given a dividend of 0.578 per share on Thursday, October 15th. This represents a c) annualized dividend and a dividend yield of 9.0%. The ex-dividend date is Thursday, October 1st. This is a 2.4% increase from AGNC Investment’s previous quarterly dividend of $0.56.

AGNC Investment Stock Performance

NASDAQ AGNCO opened at $25.67 on Thursday. The company’s 50-day moving average price is $25.52 and its 200-day moving average price is $25.42. AGNC Investment has a 12 month low of $24.39 and a 12 month high of $25.75.

AGNC Investment Company Profile

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).