AGNC Investment (NASDAQ:AGNCP) Shares Down 0.1% – Here’s Why

Shares of AGNC Investment Corp. (NASDAQ:AGNCP) fell 0.1% during mid-day trading on Tuesday . The stock traded as low as $24.77 and last traded at $24.81. 93,599 shares traded hands during trading, an increase of 95% from the average session volume of 47,931 shares. The stock had previously closed at $24.83.

AGNC Investment Stock Performance

The company has a 50 day simple moving average of $25.14 and a 200-day simple moving average of $25.03.

AGNC Investment (NASDAQ:AGNCP) last released its earnings results on Monday, October 25th. The company reported $0.55 earnings per share for the quarter. The company had revenue of $471.00 million during the quarter.

AGNC Investment Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, October 15th. Stockholders of record on Wednesday, October 1st were paid a $0.5927 dividend. This is a boost from AGNC Investment’s previous quarterly dividend of $0.58. The ex-dividend date of this dividend was Wednesday, October 1st. This represents a $2.37 dividend on an annualized basis and a dividend yield of 9.6%.

About AGNC Investment

AGNC Investment Corp. provides private capital to housing market in the United States. It invests in residential mortgage pass-through securities and collateralized mortgage obligations for which the principal and interest payments are guaranteed by the United States government-sponsored enterprise or by the United States government agency.