AGNC Investment Corp. (NASDAQ:AGNCN – Get Free Report) rose 0.1% during trading on Thursday . The stock traded as high as $25.74 and last traded at $25.72. Approximately 14,528 shares were traded during trading, a decline of 46% from the average daily volume of 26,898 shares. The stock had previously closed at $25.70.
AGNC Investment Stock Performance
The company has a 50 day simple moving average of $25.55 and a 200 day simple moving average of $25.55.
AGNC Investment Cuts Dividend
The company also recently disclosed a quarterly dividend, which was paid on Wednesday, April 15th. Stockholders of record on Wednesday, April 1st were paid a $0.5652 dividend. The ex-dividend date of this dividend was Wednesday, April 1st. This represents a $2.26 annualized dividend and a dividend yield of 8.8%.
About AGNC Investment
AGNC Investment Corp. is a real estate investment trust that primarily invests in residential mortgage-backed securities (MBS) guaranteed by U.S. government agencies or sponsored entities such as Ginnie Mae, Fannie Mae and Freddie Mac. The company seeks to generate income and total return through interest rate spreads, deploying leverage and hedging strategies to manage interest rate and spread risk. Its investment portfolio typically comprises agency MBS across various coupon rates and maturities, supplemented by financing instruments and derivatives to optimize risk-adjusted returns.
Founded in 2008 and headquartered in Bethesda, Maryland, AGNC Investment Corp.
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