AGNC Investment (AGNCP) Expected to Post Earnings on Monday

AGNC Investment (NASDAQ:AGNCP) is anticipated to release 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

Shares of NASDAQ:AGNCP opened at $25.04 on Monday. The business’s 50 day moving average price is $25.06 and its 200-day moving average price is $24.89. AGNC Investment has a 1 year low of $23.62 and a 1 year high of $25.57.

AGNC Investment Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, July 15th. Shareholders of record on Wednesday, July 1st will be given a dividend of $0.5488 per share. This is a boost from AGNC Investment’s previous quarterly dividend of $0.54. This represents a $2.20 dividend on an annualized basis and a yield of 8.8%. The ex-dividend date is Wednesday, July 1st.

About AGNC Investment

AGNC Investment Corp is a real estate investment trust that specializes in residential mortgage-backed securities. The company’s core business activity involves investing primarily in agency mortgage-backed securities issued and guaranteed by U.S. government-sponsored entities such as Fannie Mae, Freddie Mac and Ginnie Mae. AGNC uses secured financing, including repurchase agreements, to leverage its portfolio and seek to generate attractive risk-adjusted returns.

Founded in April 2008 and headquartered in Bethesda, Maryland, AGNC Investment Corp operates predominantly within the United States residential mortgage market.