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AGNC Investment Corp. - AGNCN STOCK NEWS

Welcome to our dedicated page for AGNC Investment news (Ticker: AGNCN), a resource for investors and traders seeking the latest updates and insights on AGNC Investment stock.

AGNC Investment Corp. (Nasdaq: AGNC) is a leading, internally-managed real estate investment trust (REIT), established in 2008 and headquartered in Bethesda, Maryland. Specializing in residential mortgage-backed securities (RMBS), AGNC's principal investment focus is on securities guaranteed by U.S. Government agencies or government-sponsored entities, utilizing leverage to enhance returns. AGNC's core objective is to provide stockholders with attractive risk-adjusted returns through a mix of monthly dividends and net asset value accretion.

As of March 31, 2018, AGNC boasted a market capitalization of $7.4 billion and total assets of $69.2 billion, making it the largest internally-managed residential mortgage REIT in the industry and one of just three with a market cap exceeding $5 billion. The company's asset portfolio includes a diverse range of mortgage pass-through securities and collateralized mortgage obligations, ensuring stable principal and interest payments backed by U.S. Government guarantees.

AGNC is also affiliated with MTGE Investment Corp. (Nasdaq: MTGE), another prominent REIT that invests in both agency and non-agency mortgage-backed securities, alongside other mortgage-related and healthcare-related real estate investments. This strategic partnership diversifies AGNC's investment avenues, enhancing overall market resilience and growth potential.

Latest Developments:
On October 2, 2023, AGNC Investment Corp. announced corrected dividend amounts for its 7.00% Series C Fixed-to-Floating Rate Cumulative Redeemable Preferred Stock (Nasdaq: AGNCN). The revised cash dividend for Q3 2023 is set at $0.68249 per depositary share, payable on October 16, 2023. Corrections for past periods include Q2 2023 and Q4 2022 dividends, now adjusted to $0.65541 and $0.58715 per share, respectively. These updates reflect AGNC's commitment to accurate financial reporting and shareholder transparency.

For more information, please visit the AGNC Investment Corp. website or contact Investor Relations at (301) 968-9300 or IR@AGNC.com.

Rhea-AI Summary
AGNC Investment Corp. corrects dividend amounts for Q3 2023 cash dividend on Series C Preferred Stock. The corrected cash dividend of $0.68249 is payable on October 16, 2023. Corrections also made for Q2 2023 and Q4 2022 dividends. Stockholders will receive the difference per depositary share. No significant positive or negative impact on stock price expected.
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FAQ

What is AGNC Investment Corp.?

AGNC Investment Corp. is an internally-managed real estate investment trust (REIT) that invests primarily in residential mortgage-backed securities guaranteed by U.S. Government agencies or government-sponsored entities.

What type of securities does AGNC invest in?

AGNC invests in residential mortgage pass-through securities and collateralized mortgage obligations guaranteed by U.S. Government agencies or sponsored entities.

What is the investment objective of AGNC?

AGNC aims to provide attractive risk-adjusted returns to its stockholders through a combination of monthly dividends and net asset value accretion.

When was AGNC founded?

AGNC was founded in 2008.

What are AGNC's recent achievements?

AGNC recently announced corrected dividend amounts for its 7.00% Series C Fixed-to-Floating Rate Cumulative Redeemable Preferred Stock for Q3 2023 and past quarters.

How can I contact AGNC's Investor Relations?

You can contact AGNC's Investor Relations at (301) 968-9300 or via email at IR@AGNC.com.

Where is AGNC headquartered?

AGNC is headquartered in Bethesda, Maryland.

What is the market capitalization of AGNC?

As of March 31, 2018, AGNC had a market capitalization of $7.4 billion.

What is AGNC's latest dividend correction?

For Q3 2023, AGNC announced a corrected cash dividend of $0.68249 per depositary share, payable on October 16, 2023.

What are the affiliations of AGNC?

AGNC is affiliated with MTGE Investment Corp., a REIT investing in both agency and non-agency mortgage-backed securities and other real estate-related investments.

AGNC Investment Corp.

Nasdaq:AGNCN

AGNCN Rankings

AGNCN Stock Data

8.65B
13.00M
26.64%
Other Financial Vehicles
Finance and Insurance
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United States of America
BETHESDA