AGNC Investment Corp. (NASDAQ:AGNCM) Increases Dividend to $0.63 Per Share

AGNC Investment Corp. (NASDAQ:AGNCM) announced a quarterly dividend on Thursday, June 13th, Wall Street Journal reports. Investors of record on Monday, July 1st will be paid a dividend of 0.627 per share on Monday, July 15th. This represents a $2.51 annualized dividend and a yield of 9.86%. The ex-dividend date is Monday, July 1st. This is a positive change from AGNC Investment’s previous quarterly dividend of $0.43.

AGNC Investment has raised its dividend by an average of 72.4% annually over the last three years.

AGNC Investment Stock Performance

Shares of AGNCM opened at $25.44 on Friday. AGNC Investment has a 12-month low of $20.48 and a 12-month high of $25.85. The company’s 50-day moving average price is $25.10 and its 200 day moving average price is $24.66.

AGNC Investment Company Profile

AGNC Investment Corp. provides private capital to housing market in the United States. It invests in residential mortgage pass-through securities and collateralized mortgage obligations for which the principal and interest payments are guaranteed by the United States government-sponsored enterprise or by the United States government agency.