AGNC Investment Corp. (NASDAQ:AGNCL) Plans $0.48 Quarterly Dividend

AGNC Investment Corp. (NASDAQ:AGNCL) declared a quarterly dividend on Thursday, March 12th. Shareholders of record on Wednesday, April 1st will be paid a dividend of 0.4844 per share on Wednesday, April 15th. This represents a c) dividend on an annualized basis and a yield of 7.7%. The ex-dividend date of this dividend is Wednesday, April 1st.

AGNC Investment Stock Up 0.4%

Shares of AGNCL stock opened at $25.20 on Friday. AGNC Investment has a one year low of $22.84 and a one year high of $26.59. The stock has a fifty day moving average price of $25.00 and a 200 day moving average price of $24.89.

About AGNC Investment

AGNC Investment Corp. is a real estate investment trust that specializes in investing in U.S. agency residential mortgage–backed securities guaranteed by government-sponsored enterprises such as Ginnie Mae, Fannie Mae and Freddie Mac. The company seeks to generate income by capturing the spread between the yields on its mortgage assets and its cost of funds, utilizing leverage provided primarily through short-term repurchase agreements with major financial institutions.

The firm’s portfolio is comprised of fixed-rate and adjustable-rate mortgage pools, with holdings diversified across coupons, vintages and collateral characteristics to manage prepayment and extension risk.