AGNC Investment (AGNCP) to Release Earnings on Monday

AGNC Investment (NASDAQ:AGNCP) will likely be releasing 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 AGNCP stock opened at $24.35 on Monday. AGNC Investment has a 52 week low of $23.37 and a 52 week high of $25.57. The firm has a 50 day moving average of $24.76 and a 200-day moving average of $24.88.

AGNC Investment Cuts Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 15th. Stockholders of record on Wednesday, April 1st will be given a dividend of $0.5394 per share. The ex-dividend date of this dividend is Wednesday, April 1st. This represents a $2.16 annualized dividend and a dividend yield of 8.9%.

AGNC Investment Company Profile

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.