AGNC Investment (AGNCO) Expected to Post Quarterly Earnings on Monday

AGNC Investment (NASDAQ:AGNCO) will likely be issuing its resultson Monday, July 20th. Analysts expect the company to announce earnings of $0.3813 per share and revenue of $1.0554 billion for the quarter.

AGNC Investment Stock Up 0.2%

NASDAQ:AGNCO opened at $25.41 on Friday. The business’s 50-day moving average price is $25.47 and its two-hundred day moving average price is $25.36. AGNC Investment has a twelve month low of $24.39 and a twelve month high of $25.75.

AGNC Investment Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, July 15th. Investors of record on Wednesday, July 1st were given a $0.5646 dividend. This represents a $2.26 annualized dividend and a dividend yield of 8.9%. This is a positive change from AGNC Investment’s previous quarterly dividend of $0.56. The ex-dividend date was Wednesday, July 1st.

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).