AGNC Investment (AGNCM) Projected to Release Quarterly Earnings on Monday

AGNC Investment (NASDAQ:AGNCM) will likely be announcing its resultson Monday, July 20th. Analysts expect the company to post earnings of $0.3814 per share and revenue of $1.0554 billion for the quarter.

AGNC Investment Trading Down 0.5%

Shares of AGNCM stock opened at $24.94 on Friday. AGNC Investment has a fifty-two week low of $23.63 and a fifty-two week high of $25.34. The stock has a 50 day moving average price of $24.98 and a two-hundred day moving average price of $24.83.

AGNC Investment Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, July 15th. Investors of record on Wednesday, July 1st were paid a $0.5228 dividend. The ex-dividend date of this dividend was Wednesday, July 1st. This is a positive change from AGNC Investment’s previous quarterly dividend of $0.52. This represents a $2.09 annualized dividend and a dividend yield of 8.4%.

About AGNC Investment

AGNC Investment Corp is a real estate investment trust that primarily invests in residential mortgage-backed securities guaranteed by U.S. government-sponsored enterprises, such as Fannie Mae, Freddie Mac and Ginnie Mae. The company seeks to generate attractive risk-adjusted returns for its shareholders by acquiring agency mortgage assets and funding them with a combination of short-term repurchase agreements and longer-term debt instruments.

To manage interest rate and prepayment risk, AGNC Investment employs a range of hedging strategies, including interest rate swaps, swaptions and treasury locks.