AGNC Investment (AGNCL) Projected to Post Quarterly Earnings on Monday

AGNC Investment (NASDAQ:AGNCL) is expected to be posting its resultson Monday, July 20th. Analysts expect the company to post earnings of $0.3807 per share and revenue of $1.0554 billion for the quarter.

AGNC Investment Stock Performance

Shares of AGNCL stock opened at $24.82 on Friday. AGNC Investment has a 12 month low of $23.61 and a 12 month high of $25.44. The company’s fifty day moving average price is $24.98 and its 200-day moving average price is $24.90.

AGNC Investment Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Wednesday, July 15th. Investors of record on Wednesday, July 1st were paid a $0.4844 dividend. This represents a $1.94 annualized dividend and a dividend yield of 7.8%. The ex-dividend date was Wednesday, July 1st.

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.