AGNC Investment Corp. (NASDAQ:AGNC) to Issue Monthly Dividend of $0.12

AGNC Investment Corp. (NASDAQ:AGNC – Get Free Report) declared a monthly dividend on Wednesday, August 12th. Shareholders of record on Monday, August 31st will be given a dividend of 0.12 per share by the real estate investment trust on Thursday, September 10th. This represents a c) annualized dividend and a yield of 13.2%. The ex-dividend date is Monday, August 31st.

AGNC Investment has decreased its dividend by an average of 0.0%annually over the last three years. AGNC Investment has a payout ratio of 88.3% meaning its dividend is currently covered by earnings, but may not be in the future if the company’s earnings tumble. Equities analysts expect AGNC Investment to earn $1.51 per share next year, which means the company should continue to be able to cover its $1.44 annual dividend with an expected future payout ratio of 95.4%.

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AGNC Investment Stock Performance

Shares of AGNC opened at $10.88 on Thursday. The firm has a market capitalization of $12.90 billion, a price-to-earnings ratio of 5.73 and a beta of 1.32. The business’s fifty day moving average price is $10.73 and its two-hundred day moving average price is $10.75. AGNC Investment has a 52 week low of $9.46 and a 52 week high of $12.19.

AGNC Investment (NASDAQ:AGNC – Get Free Report) last released its earnings results on Monday, July 20th. The real estate investment trust reported $0.40 earnings per share for the quarter, topping analysts’ consensus estimates of $0.38 by $0.02. The company had revenue of $305.00 million during the quarter, compared to the consensus estimate of $1.06 billion. AGNC Investment had a return on equity of 17.96% and a net margin of 57.94%.During the same quarter in the previous year, the company posted ($0.17) earnings per share. As a group, research analysts forecast that AGNC Investment will post 1.6 EPS for the current year.

AGNC Investment Company Profile

(Get Free Report)

AGNC Investment Corp. is a self-managed real estate investment trust (REIT) that primarily acquires and manages a portfolio of residential mortgage-backed securities guaranteed by U.S. government-sponsored enterprises such as Ginnie Mae, Fannie Mae and Freddie Mac. The company employs a leveraged total return strategy, borrowing against its securities to enhance income potential while using interest rate hedges to manage risk. AGNC’s investment objective is to generate attractive monthly dividends and long-term capital appreciation for its shareholders.

Founded in 2008 and headquartered in Bethesda, Maryland, AGNC focuses exclusively on U.S.

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