Welcome to our dedicated page for AGNC Investment news (Ticker: AGNC), 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) founded in 2008 and headquartered in Bethesda, Maryland. The company invests primarily in agency residential mortgage-backed securities (MBS), which are guaranteed by U.S. government agencies such as the Government National Mortgage Association (Ginnie Mae), or U.S. government-sponsored enterprises like Fannie Mae and Freddie Mac. These investments are made on a leveraged basis, enabling AGNC to provide attractive risk-adjusted returns to its stockholders through a mix of monthly dividends and net asset value appreciation.
AGNC's principal investment strategy focuses on residential mortgage pass-through securities and collateralized mortgage obligations where the principal and interest payments are secured by either a government agency or a government-sponsored entity. By leveraging these high-quality assets, AGNC aims to maximize its income while managing risks through dynamic hedging strategies. As of recent updates, the company has a substantial investment portfolio and maintains a robust financial position.
With a market capitalization of $7.4 billion as of March 31, 2018, and total assets amounting to $69.2 billion, AGNC has established itself as the largest internally-managed residential mortgage REIT in the market. The company's commitment to delivering consistent dividends is reflected in its history of monthly dividend payments, which are a significant source of income for its investors. AGNC has paid out more than $13 billion in common stock dividends since its inception.
AGNC's investment portfolio is diversified across various types of mortgage-backed securities. As of the latest quarter, the company's portfolio valued at over $60 billion includes not only agency MBS but also credit risk transfer (CRT) securities and other non-agency mortgage-related investments. AGNC's strategic capital allocation and active portfolio management have enabled it to navigate market volatility and generate favorable long-term returns for its stockholders.
In addition to its core activities, AGNC keeps investors informed through regular updates and announcements, such as declaring monthly dividends and reporting quarterly earnings. The company's proactive communication and transparency make it a reliable choice for investors seeking steady income and potential capital appreciation in the mortgage REIT sector.
AGNC Investment Corp (Nasdaq: AGNC) has released its fourth annual Environmental, Social & Governance (ESG) Report. The report details AGNC's management of key ESG factors, including corporate governance, risk management, human capital management, business ethics, and environmental stewardship. CEO Peter Federico emphasized the company's commitment to accountability, transparency, and stakeholder engagement, highlighting their efforts to create long-term value for stakeholders.
AGNC Investment Corp (Nasdaq: AGNC) has announced its monthly cash dividend for November 2024. The company will distribute $0.12 per share of common stock, payable on December 10, 2024. Shareholders must be on record by November 29, 2024 to receive this dividend payment.
AGNC Investment Corp. announced its Q3 2024 financial results, reporting $0.63 comprehensive income per common share, consisting of $0.39 net income and $0.24 other comprehensive income (OCI). Net spread and dollar roll income was $0.43 per common share, excluding $(0.03) of estimated 'catch-up' premium amortization cost. The tangible net book value per common share increased by 5.0% to $8.82, and dividends declared per common share were $0.36. AGNC achieved a 9.3% economic return on tangible common equity.
The investment portfolio totaled $73.1 billion, with $68.0 billion in Agency MBS and $4.1 billion in net forward purchases/sales of Agency MBS. The leverage ratio was 7.2x, and unencumbered cash and Agency MBS stood at $6.2 billion. The average projected portfolio life CPR was 13.2%, and the annualized net interest spread was 2.21%. AGNC issued 78.1 million shares through ATM offerings, raising $781 million.
Management highlighted the favorable macroeconomic conditions and the Fed's recent rate cut, which is expected to benefit Agency MBS spreads and demand for fixed-income instruments.
AGNC Investment Corp. (Nasdaq: AGNC) has announced a monthly cash dividend of $0.12 per share of common stock for October 2024. The dividend will be paid on November 12, 2024 to stockholders of record as of October 31, 2024. This announcement demonstrates AGNC's commitment to providing regular returns to its shareholders. The company's Board of Directors approved this dividend declaration, reflecting their confidence in AGNC's financial position and ongoing ability to generate shareholder value.
AGNC Investment Corp. (Nasdaq: AGNC) has announced its schedule for third quarter 2024 earnings release and stockholder call. The company will report Q3 2024 earnings after market close on October 21, 2024. A stockholder call and audio webcast will be held on October 22, 2024 at 8:30 am ET.
Stockholders can access the call via webcast at www.AGNC.com or by dialing (877) 300-5922 (U.S. domestic) or (412) 902-6621 (international). A slide presentation will be available on the company's website. An archived audio of the call and presentation will be accessible on the AGNC website after the event. A phone recording will also be available from October 22 to October 29, 2024, accessible by dialing (877) 344-7529 (U.S. domestic) or (412) 317-0088 (international), using passcode 7830301.
AGNC Investment Corp. (Nasdaq: AGNC) has announced a monthly cash dividend of $0.12 per share for September 2024. The dividend will be paid on October 9, 2024 to common stockholders of record as of September 30, 2024. This announcement demonstrates AGNC's commitment to providing regular income to its shareholders. The company's Board of Directors approved this dividend, reflecting their confidence in AGNC's financial stability and performance. Investors interested in more details can contact AGNC's Investor Relations department.
AGNC Investment Corp. (Nasdaq: AGNC) has announced a monthly cash dividend of $0.12 per share of common stock for August 2024. The dividend will be paid on September 11, 2024 to stockholders of record as of August 30, 2024. This announcement demonstrates AGNC's commitment to providing regular returns to its shareholders. The company's Board of Directors approved this dividend, reflecting their confidence in AGNC's financial stability and performance. Investors seeking more information can contact AGNC's Investor Relations department.
AGNC Investment Corp. announced its Q2 2024 financial results, revealing a $(0.13) comprehensive loss per common share, including a $(0.11) net loss and a $(0.02) other comprehensive loss. Despite declaring $0.36 dividends per share, the company's tangible net book value decreased by -5.0% to $8.40 per share.
Key highlights include a $66.0 billion investment portfolio with $59.7 billion in Agency MBS, a 7.4x leverage ratio, and $5.3 billion in unencumbered cash and securities. The annualized net interest spread stood at 2.69%, and the average projected portfolio life CPR was 9.2%.
Management noted economic headwinds and volatility due to the Federal Reserve's monetary policy but emphasized the favorable long-term outlook for Agency MBS. The company issued 45.8 million shares through ATM offerings, generating $434 million in net proceeds.
AGNC Investment Corp. (Nasdaq: AGNC) announced on July 10, 2024, that its Board of Directors has declared a cash dividend of $0.12 per share of common stock for July 2024. The dividend will be payable on August 9, 2024, to stockholders of record as of July 31, 2024.
AGNC Investment Corp. (Nasdaq: AGNC) has announced that it will release its second quarter 2024 earnings after market close on July 22, 2024. The company will hold a stockholder call and audio webcast on July 23, 2024, at 8:30 am ET to discuss the results. Investors can access the webcast via the company's website, while those wishing to participate in the Q&A can join the call by dialing provided numbers. A slide presentation will accompany the call, available for download on AGNC's website. An archived recording will also be accessible post-call until July 30, 2024.
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