AGNC Investment Corp. Announces Third Quarter Preferred Stock Dividends
AGNC Investment Corp. (Nasdaq: AGNC) has announced cash dividends on its outstanding depositary shares related to various series of preferred stock. This declaration underscores the company's ongoing commitment to providing consistent returns to its shareholders.
Overview of the Dividend Announcement
The Board of Directors has confirmed that multiple series of preferred stock will distribute cash dividends for the third quarter. This decision reflects AGNC’s continuous effort to deliver value to its investors through these dividend payments.
Details on Preferred Stock Series
It's important for investors to be informed about the specific series of preferred stock and their corresponding dividend rates:
- 7.00% Series C Fixed-to-Floating Rate: Ticker AGNCN, featuring a per annum dividend rate of 10.65872%, with a dividend of $0.68097 per depositary share.
- 6.875% Series D Fixed-to-Floating Rate: Ticker AGNCM, offering a per annum dividend rate of 9.87972%, resulting in a dividend of $0.63120 per depositary share.
- 6.50% Series E Fixed-to-Floating Rate: Ticker AGNCO, maintaining a steady rate of 6.50%, which translates to a dividend of $0.40625.
- 6.125% Series F Fixed-to-Floating Rate: Ticker AGNCP, providing a dividend rate of 6.125%, equal to $0.3828125 per share.
- 7.750% Series G Fixed-Rate Reset: Ticker AGNCL, which offers a reliable rate of 7.750% and pays $0.48438 per depositary share.
Dividend Payment Schedule
Each series of outstanding preferred stock is poised to pay out dividends on a designated date. Cash dividends will be distributed to holders of record, ensuring a smooth transaction for current investors.
Investor Relations and Contact Details
If you have any further questions or require more detailed information about the dividends or any other matters, please don't hesitate to reach out to the Investor Relations team directly at (301) 968-9300.
About AGNC Investment Corp.
Established in 2008, AGNC Investment Corp. (Nasdaq: AGNC) is a leading investor in the Agency residential mortgage-backed securities market. The company benefits from a solid guarantee against credit losses provided by well-known entities like Fannie Mae, Freddie Mac, and Ginnie Mae.
AGNC employs a leveraged investment strategy to finance its Agency MBS assets through repurchase agreements, using proactive risk management strategies to protect its portfolio value from market volatility. This approach has enabled AGNC to build a strong history of delivering healthy monthly dividend income to shareholders, totaling over $13 billion since its inception.
By serving as a critical source of private capital for the U.S. residential housing market, AGNC demonstrates extensive experience in managing mortgage assets across various market environments. Investors interested in learning more about AGNC's strategies can follow them on various platforms to stay updated on the latest developments.
Frequently Asked Questions
1. What is AGNC Investment Corp.?
AGNC Investment Corp. is a major player in the Agency residential mortgage-backed securities sector, concentrating on delivering returns through dividends while effectively managing risks.
2. What series of preferred stock does AGNC provide?
AGNC offers several series of preferred stock, including Series C, D, E, F, and G, each featuring different dividend rates and payment options.
3. When can investors expect their dividends?
The dividends for each series of preferred stock are scheduled to be paid out on a specific date to registered shareholders.
4. How can investors contact AGNC?
Investors can reach out to AGNC Investment Corp’s Investor Relations team at (301) 968-9300 for any questions or further information related to their investments.
5. How long has AGNC been in business?
AGNC Investment Corp. has been operating since 2008, consistently providing value to its shareholders through effective investment strategies and regular dividend payments.
