AGNC Investment (AGNCL) Expected to Announce Earnings on Monday

AGNC Investment (NASDAQ:AGNCL) is anticipated to release its resultson Monday, April 20th. Analysts expect AGNC Investment to post earnings of $0.3664 per share and revenue of $988.60 million for the quarter.

AGNC Investment Price Performance

Shares of NASDAQ AGNCL opened at $24.12 on Monday. AGNC Investment has a 12 month low of $22.84 and a 12 month high of $25.49. The business has a 50-day moving average of $24.90 and a 200-day moving average of $24.81.

AGNC Investment Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 15th. Stockholders of record on Wednesday, April 1st will be issued a dividend of $0.4844 per share. The ex-dividend date of this dividend is Wednesday, April 1st. This represents a $1.94 annualized dividend and a dividend yield of 8.0%.

AGNC Investment Company Profile

AGNC Investment Corp. is a real estate investment trust that specializes in investing in U.S. agency residential mortgage–backed securities guaranteed by government-sponsored enterprises such as Ginnie Mae, Fannie Mae and Freddie Mac. The company seeks to generate income by capturing the spread between the yields on its mortgage assets and its cost of funds, utilizing leverage provided primarily through short-term repurchase agreements with major financial institutions.

The firm’s portfolio is comprised of fixed-rate and adjustable-rate mortgage pools, with holdings diversified across coupons, vintages and collateral characteristics to manage prepayment and extension risk.