AGNC Investment Corp. (NASDAQ:AGNCL – Get Rating) announced a quarterly dividend on Tuesday, March 14th, Wall Street Journal reports. Stockholders of record on Saturday, April 1st will be paid a dividend of 0.4844 per share on Monday, April 17th. This represents a $1.94 dividend on an annualized basis and a dividend yield of 8.75%. The ex-dividend date of this dividend is Thursday, March 30th.
AGNC Investment Stock Up 2.6 %
Shares of AGNCL opened at $22.14 on Wednesday. The firm's 50-day simple moving average is $22.73. AGNC Investment has a 12-month low of $19.05 and a 12-month high of $24.60.
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In related news, EVP Kenneth L. Pollack sold 10,910 shares of the business's stock in a transaction that occurred on Wednesday, February 15th. The stock was sold at an average price of $11.34, for a total value of $123,719.40. Following the completion of the sale, the executive vice president now owns 228,634 shares in the company, valued at approximately $2,592,709.56. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link.
About AGNC Investment
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AGNC Investment Corp. operates as a real estate investment trust (REIT) in the United States. The company 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.
Further Reading
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