AGNC Investment Corp's Dividend Announcement
AGNC Investment Corp. (NASDAQ: AGNC) has made a valuable announcement that reflects its ongoing commitment to its shareholders. The Board of Directors has declared cash dividends on its preferred stock series for the first quarter. This significant decision showcases the company's reliability in providing value to its investors through consistent dividend payments.
Details of the Declared Dividends
For the upcoming quarter, there are several series of preferred stock set to receive dividends. Below is a breakdown of the key information regarding these dividends:
Series of Preferred Stock
The following series are included in the dividend declaration:
- 7.00% Series C Fixed-to-Floating Rate
- 6.875% Series D Fixed-to-Floating Rate
- 6.50% Series E Fixed-to-Floating Rate
- 6.125% Series F Fixed-to-Floating Rate
- 7.750% Series G Fixed-Rate Reset
Dividend Rates and Amounts
Here's a closer look at the dividend rates and amounts for each series:
| Preferred Stock Series | Ticker | Annual Dividend Rate | Dividend Per Depositary Share |
|---|---|---|---|
| Series C | AGNCN | 9.68019% | $0.60501 |
| Series D | AGNCM | 8.90119% | $0.55632 |
| Series E | AGNCO | 9.56219% | $0.59764 |
| Series F | AGNCP | 6.125% | $0.3828125 |
| Series G | AGNCL | 7.750% | $0.48438 |
Important Dates to Remember
The dividends will be payable on the specified date to shareholders of record. This provides a timely reminder for investors to remain engaged with their holdings and be prepared for the upcoming payments.
AGNC Investment Corp: A Quick Overview
Founded in 2008, AGNC Investment Corp. has established itself as a reputable player in the investment landscape, particularly in Agency residential mortgage-backed securities (Agency MBS). These investments are secured against credit losses, further enhancing AGNC's attractiveness to potential investors.
AGNC’s strategy encompasses leveraging its assets through repurchase agreements, complemented by sophisticated risk management approaches aimed at safeguarding the portfolio's value from varying interest rates and market fluctuations. This combination of experience and strategy positions AGNC as a notable source of private capital within the U.S. housing market.
Stellar Track Record of Dividend Payments
With a robust history of providing substantial long-term returns, AGNC has delivered over $14 billion in common stock dividends since its inception. This impressive figure underscores AGNC's position as a dependable source of dividends for shareholders, making it an attractive option for those focused on generating income from their investments.
Contact Information for Investors
For inquiries regarding the dividends, shareholders can reach out to Investor Relations at (301) 968-9300 or send an email to IR@AGNC.com. The company is dedicated to ensuring that its investors remain informed and satisfied with their investment experience.
Frequently Asked Questions
What is the dividend yield for AGNC's preferred stock?
The dividend yield varies by series, with rates such as 9.68019% for Series C and 8.90119% for Series D.
When will the declared dividends be paid?
The dividends are set to be paid on the established payable date to shareholders of record.
What types of securities does AGNC primarily invest in?
AGNC primarily invests in Agency residential mortgage-backed securities (Agency MBS).
How long has AGNC been paying dividends?
AGNC has been paying dividends consistently since its founding in 2008.
What is AGNC's approach to risk management?
AGNC employs dynamic risk management strategies to protect the value of its portfolio against interest rate and market risks.
