AGNC Investment Corp. (AGNCM) to Issue Quarterly Dividend of $0.54 on October 15th

AGNC Investment Corp. (NASDAQ:AGNCM) declared a quarterly dividend on Wednesday, September 9th. Investors of record on Thursday, October 1st will be paid a dividend of 0.5358 per share on Thursday, October 15th. This represents a c) annualized dividend and a yield of 8.4%. The ex-dividend date of this dividend is Thursday, October 1st. This is a 2.5% increase from AGNC Investment’s previous quarterly dividend of $0.52.

AGNC Investment Trading Up 0.1%

Shares of AGNCM opened at $25.37 on Friday. AGNC Investment has a fifty-two week low of $23.63 and a fifty-two week high of $25.39. The company’s fifty day moving average is $25.10 and its two-hundred day moving average is $24.91.

AGNC Investment Company Profile

AGNC Investment Corp is a real estate investment trust that primarily invests in residential mortgage-backed securities guaranteed by U.S. government-sponsored enterprises, such as Fannie Mae, Freddie Mac and Ginnie Mae. The company seeks to generate attractive risk-adjusted returns for its shareholders by acquiring agency mortgage assets and funding them with a combination of short-term repurchase agreements and longer-term debt instruments.

To manage interest rate and prepayment risk, AGNC Investment employs a range of hedging strategies, including interest rate swaps, swaptions and treasury locks.