AGNC Investment Corp. (AGNC) to Issue Monthly Dividend of $0.12 on August 11th

AGNC Investment Corp. (NASDAQ:AGNCGet Free Report) declared a monthly dividend on Wednesday, July 8th. Stockholders of record on Friday, July 31st will be paid a dividend of 0.12 per share by the real estate investment trust on Tuesday, August 11th. This represents a c) annualized dividend and a dividend yield of 13.0%. The ex-dividend date of this dividend is Friday, July 31st.

AGNC Investment has decreased its dividend by an average of 0.0%per year 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 fall. Equities research 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%.

AGNC Investment Stock Performance

Shares of AGNC Investment stock opened at $11.07 on Wednesday. AGNC Investment has a one year low of $9.31 and a one year high of $12.19. The company has a market cap of $12.71 billion, a PE ratio of 5.83 and a beta of 1.31. The business has a 50-day simple moving average of $10.63 and a 200-day simple moving average of $10.81.

AGNC Investment (NASDAQ:AGNCGet 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 firm had revenue of $305.00 million for the quarter, compared to analyst estimates of $1.06 billion. AGNC Investment had a net margin of 57.94% and a return on equity of 18.20%. During the same period in the prior year, the firm earned ($0.17) earnings per share. On average, sell-side analysts predict that AGNC Investment will post 1.58 earnings per share for the current fiscal year.

About AGNC Investment

(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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Dividend History for AGNC Investment (NASDAQ:AGNC)

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