AGNC Investment (AGNCO) to Post Earnings on Monday

AGNC Investment (NASDAQ:AGNCO) is expected to issue its resultson Monday, July 20th. Analysts expect AGNC Investment to announce earnings of $0.3807 per share and revenue of $1.0554 billion for the quarter.

AGNC Investment Trading Up 0.2%

AGNCO stock opened at $25.41 on Friday. AGNC Investment has a 1-year low of $24.39 and a 1-year high of $25.75. The business’s 50 day moving average is $25.47 and its 200-day moving average is $25.36.

AGNC Investment Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, July 15th. Investors of record on Wednesday, July 1st were paid a $0.5646 dividend. The ex-dividend date of this dividend was Wednesday, July 1st. This represents a $2.26 annualized dividend and a yield of 8.9%. This is a positive change from AGNC Investment’s previous quarterly dividend of $0.56.

About AGNC Investment

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).