AGNC Investment Corp. (NASDAQ:AGNCM) Increases Dividend to $0.52 Per Share

AGNC Investment Corp. (NASDAQ:AGNCM) declared a quarterly dividend on Thursday, June 11th. Stockholders of record on Wednesday, July 1st will be paid a dividend of 0.5228 per share on Wednesday, July 15th. This represents a c) dividend on an annualized basis and a dividend yield of 8.3%. The ex-dividend date is Wednesday, July 1st. This is a 1.2% increase from AGNC Investment’s previous quarterly dividend of $0.52.

AGNC Investment Trading Up 0.0%

Shares of AGNC Investment stock opened at $25.05 on Friday. AGNC Investment has a 52-week low of $23.63 and a 52-week high of $25.36. The company’s 50-day simple moving average is $24.73 and its 200-day simple moving average is $24.78.

About AGNC Investment

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.