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AGNC Investment Corp. Declares Monthly Common Stock Dividend of $0.12 per Common Share for February 2024

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AGNC Investment Corp. declares a cash dividend of $0.12 per share of common stock for February 2024, payable on March 11, 2024. The dividend is for common stockholders of record as of February 29, 2024.
Positive
  • AGNC Investment Corp. declares a cash dividend for February 2024
  • The dividend amount is $0.12 per share of common stock
  • The dividend is payable on March 11, 2024
Negative
  • None.

Insights

The declaration of a cash dividend by AGNC Investment Corp. is a direct reflection of the company's current financial health and its ability to generate sufficient cash flow. Dividends are often seen as a signal of confidence by management in the company's future earnings and stability. In this case, a dividend of $0.12 per share represents a tangible return on investment for shareholders and could potentially influence the stock's attractiveness to income-focused investors.

It is crucial to assess the dividend yield, which is the dividend per share divided by the stock price. A higher yield can be attractive, but it is essential to compare it with industry averages and consider whether the yield is sustainable given the company's earnings and payout ratio. The timing of the dividend is also noteworthy as it provides insights into the company's cash flow management and planning.

From a market perspective, AGNC Investment Corp.'s dividend announcement can have implications for investor sentiment towards the stock. Dividends can be a factor in the stock's overall total return, which combines capital appreciation and dividend income. Regular dividends can also stabilize a stock's price by providing a steady income stream, which may reduce volatility.

However, it's important to analyze the dividend in the context of the company's historical dividend payments. Any significant deviation from past dividends, either higher or lower, could indicate changes in the company's financial strategy or outlook. Investors and analysts should also monitor the payout ratio, which is the proportion of earnings paid out as dividends, to evaluate the sustainability of the dividend payments.

BETHESDA, Md., Feb. 8, 2024 /PRNewswire/ -- AGNC Investment Corp. (Nasdaq: AGNC) announced today that its Board of Directors has declared a cash dividend of $0.12 per share of common stock for February 2024. The dividend is payable on March 11, 2024 to common stockholders of record as of February 29, 2024.

For further information or questions, please contact Investor Relations at (301) 968-9300 or IR@AGNC.com.

ABOUT AGNC INVESTMENT CORP.
Founded in 2008, AGNC Investment Corp. (Nasdaq: AGNC) is a leading investor in Agency residential mortgage-backed securities (Agency MBS), which benefit from a guarantee against credit losses by Fannie Mae, Freddie Mac, or Ginnie Mae. We invest on a leveraged basis, financing our Agency MBS assets primarily through repurchase agreements, and utilize dynamic risk management strategies intended to protect the value of our portfolio from interest rate and other market risks.

AGNC has a track record of providing favorable long-term returns for our stockholders through substantial monthly dividend income, with over $12 billion of common stock dividends paid since inception. Our business is a significant source of private capital for the U.S. residential housing market, and our team has extensive experience managing mortgage assets across market cycles. To learn more about The Premier Agency Residential Mortgage REIT, please visit www.AGNC.com, follow us on LinkedIn, and Sign Up for Investor Alerts.

CONTACT:
Investor Relations - (301) 968-9300

Cision View original content:https://www.prnewswire.com/news-releases/agnc-investment-corp-declares-monthly-common-stock-dividend-of-0-12-per-common-share-for-february-2024--302058012.html

SOURCE AGNC Investment Corp.

FAQ

What is the dividend amount declared by AGNC Investment Corp. for February 2024?

AGNC Investment Corp. has declared a cash dividend of $0.12 per share of common stock for February 2024.

When is the dividend payable for AGNC Investment Corp. common stockholders?

The dividend declared by AGNC Investment Corp. is payable on March 11, 2024.

What is the record date for AGNC Investment Corp. common stockholders to receive the dividend?

The dividend is for common stockholders of record as of February 29, 2024.

AGNC Investment Corp.

NASDAQ:AGNC

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8.50B
885.64M
0.39%
36.87%
5.4%
REIT - Mortgage
Real Estate Investment Trusts
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United States of America
BETHESDA