AGNC Investment (AGNCM) Expected to Post Earnings on Monday

AGNC Investment (NASDAQ:AGNCM) is expected to announce its resultson Monday, July 20th. Analysts expect the company to announce earnings of $0.3822 per share and revenue of $1.0554 billion for the quarter.

AGNC Investment Trading Down 0.2%

Shares of AGNCM stock opened at $24.88 on Monday. The stock has a fifty day simple moving average of $24.97 and a two-hundred day simple moving average of $24.83. AGNC Investment has a 52-week low of $23.63 and a 52-week high of $25.34.

AGNC Investment Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, July 15th. Stockholders of record on Wednesday, July 1st will be paid a $0.5228 dividend. This represents a $2.09 dividend on an annualized basis and a dividend yield of 8.4%. This is a positive change from AGNC Investment’s previous quarterly dividend of $0.52. The ex-dividend date of this dividend is Wednesday, July 1st.

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.