AGNC Investment Corp. (NASDAQ:AGNCO) to Issue Quarterly Dividend of $0.58

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

AGNC Investment Trading Up 0.0%

Shares of AGNCO opened at $25.67 on Thursday. The firm has a fifty day simple moving average of $25.52 and a two-hundred day simple moving average of $25.42. AGNC Investment has a 1-year low of $24.39 and a 1-year 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).