AGNC Investment (AGNCP) Projected to Announce Earnings on Monday

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

AGNC Investment Stock Down 0.2%

Shares of AGNCP stock opened at $25.03 on Friday. AGNC Investment has a 12-month low of $23.62 and a 12-month high of $25.57. The stock’s 50-day moving average price is $25.07 and its 200-day moving average price is $24.89.

AGNC Investment Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, July 15th. Shareholders of record on Wednesday, July 1st were issued a dividend of $0.5488 per share. The ex-dividend date was Wednesday, July 1st. This represents a $2.20 annualized dividend and a yield of 8.8%. This is a boost from AGNC Investment’s previous quarterly dividend of $0.54.

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.