AGNC Investment (AGNCO) Projected to Post Earnings on Monday

AGNC Investment (NASDAQ:AGNCO) is expected to be posting 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

AGNCO stock opened at $24.99 on Monday. AGNC Investment has a 12 month low of $23.68 and a 12 month high of $25.87. The firm has a 50-day moving average price of $25.27 and a 200-day moving average price of $25.29.

AGNC Investment Cuts Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, April 15th. Stockholders of record on Wednesday, April 1st will be issued a $0.5579 dividend. The ex-dividend date of this dividend is Wednesday, April 1st. This represents a $2.23 dividend on an annualized basis and a dividend yield of 8.9%.

AGNC Investment Company Profile

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).