AGNC Investment Corp. (NASDAQ:AGNCZ) Declares $0.55 Quarterly Dividend

AGNC Investment Corp. (NASDAQ:AGNCZ) announced a quarterly dividend on Thursday, March 12th. Stockholders of record on Wednesday, April 1st will be given a dividend of 0.5469 per share on Wednesday, April 15th. This represents a c) dividend on an annualized basis and a dividend yield of 8.5%. The ex-dividend date of this dividend is Wednesday, April 1st.

AGNC Investment Stock Up 0.5%

AGNCZ traded up $0.12 during midday trading on Friday, hitting $25.70. 767 shares of the company were exchanged, compared to its average volume of 55,310. AGNC Investment has a 1-year low of $25.16 and a 1-year high of $26.37.

AGNC Investment (NASDAQ: AGNCZ) is a real estate investment trust (REIT) that focuses on investing in residential mortgage-backed securities (RMBS), with an emphasis on agency securities guaranteed by U.S. government-sponsored enterprises and agencies. The company’s core business is to acquire and manage portfolios of mortgage-related assets and to generate income through the spread between the interest earned on those assets and its financing costs.

AGNC’s investment activities typically include purchasing agency RMBS and other mortgage-related securities, and using derivatives and hedging strategies to manage interest-rate and spread exposure.