AGNC Investment (AGNCO) Projected to Announce Quarterly Earnings on Monday

AGNC Investment (NASDAQ:AGNCO) will likely be posting its resultson Monday, July 20th. Analysts expect the company to post earnings of $0.3822 per share and revenue of $1.0554 billion for the quarter.

AGNC Investment Stock Performance

NASDAQ AGNCO opened at $25.33 on Monday. AGNC Investment has a one year low of $24.39 and a one year high of $25.75. The stock has a 50-day moving average of $25.49 and a 200 day moving average of $25.36.

AGNC Investment Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, July 15th. Stockholders of record on Wednesday, July 1st will be issued a dividend of $0.5646 per share. This represents a $2.26 dividend on an annualized basis and a dividend yield of 8.9%. The ex-dividend date of this dividend is Wednesday, July 1st. This is a boost from AGNC Investment’s previous quarterly dividend of $0.56.

About AGNC Investment

AGNC Investment Corp is a real estate investment trust (REIT) that specializes in the acquisition and management of residential mortgage-backed securities (RMBS) issued or guaranteed by U.S. government-sponsored enterprises. The company seeks to generate attractive risk-adjusted returns through a combination of net interest income and strategic portfolio financing. Its focus on agency RMBS aims to offer investors regular dividend income underpinned by the credit support provided by federal agencies.

The firm’s investment strategy centers on the purchase of mortgage-related assets, including securities guaranteed by the Government National Mortgage Association (GNMA), Federal National Mortgage Association (FNMA) and Federal Home Loan Mortgage Corporation (FHLMC).