AGNC Investment (NASDAQ:AGNCZ) Shares Down 0.2% – What’s Next?

AGNC Investment Corp. (NASDAQ:AGNCZ)’s stock price was down 0.2% during mid-day trading on Wednesday . The company traded as low as $25.40 and last traded at $25.46. 63,380 shares changed hands during trading, an increase of 20% from the average session volume of 52,938 shares. The stock had previously closed at $25.52.

AGNC Investment Price Performance

The firm has a fifty day simple moving average of $25.40 and a two-hundred day simple moving average of $25.39.

AGNC Investment Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Thursday, October 15th. Stockholders of record on Thursday, October 1st will be paid a dividend of $0.5469 per share. The ex-dividend date of this dividend is Thursday, October 1st. This represents a $2.19 dividend on an annualized basis and a dividend yield of 8.6%.

AGNC Investment (NASDAQ: AGNCZ) is a real estate investment trust (REIT) that focuses on investing in residential mortgage-backed securities (RMBS), with an emphasis on agency securities guaranteed by U.S. government-sponsored enterprises and agencies. The company’s core business is to acquire and manage portfolios of mortgage-related assets and to generate income through the spread between the interest earned on those assets and its financing costs.

AGNC’s investment activities typically include purchasing agency RMBS and other mortgage-related securities, and using derivatives and hedging strategies to manage interest-rate and spread exposure.