AGNC Investment (NASDAQ:AGNCO) Stock Price Up 0.2% – Still a Buy?

Shares of AGNC Investment Corp. (NASDAQ:AGNCO) were up 0.2% during mid-day trading on Friday . The company traded as high as $25.19 and last traded at $25.19. Approximately 15,570 shares were traded during mid-day trading, a decline of 55% from the average daily volume of 34,363 shares. The stock had previously closed at $25.14.

AGNC Investment Trading Up 0.2%

The business’s fifty day simple moving average is $25.32 and its 200 day simple moving average is $25.42.

AGNC Investment (NASDAQ:AGNCO) last posted its earnings results on Monday, October 25th. The company reported $0.55 earnings per share (EPS) for the quarter. The company had revenue of $471.00 million for the quarter.

AGNC Investment Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, October 15th. Shareholders of record on Wednesday, October 1st were issued a dividend of $0.6116 per share. This is a boost from AGNC Investment’s previous quarterly dividend of $0.60. This represents a $2.45 annualized dividend and a yield of 9.7%. The ex-dividend date was Wednesday, October 1st.

AGNC Investment Company Profile

AGNC Investment Corp. provides private capital to housing market in the United States. It invests in residential mortgage pass-through securities and collateralized mortgage obligations for which the principal and interest payments are guaranteed by the United States government-sponsored enterprise or by the United States government agency.