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

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AGNC Investment Corp. declares a cash dividend of $0.12 per share for March 2024, payable on April 9, 2024. Record date is March 29, 2024.
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Insights

The declaration of a cash dividend of $0.12 per share by AGNC Investment Corp. reflects the company's current financial health and its ability to generate sufficient cash flow to return value to shareholders. Dividend announcements are closely monitored by investors as they provide insights into a company's profitability and its board's confidence in future earnings. This specific dividend payment could indicate a stable income stream for investors, particularly those with a focus on income-generating assets.

However, it's crucial to compare the dividend yield and payout ratio to industry benchmarks to assess sustainability. A payout ratio that is too high might suggest that the company is not reinvesting enough back into its operations, which could impact long-term growth. Conversely, a yield that is significantly higher than peers might indicate a higher risk profile or a potential red flag that the market expects future dividends to decrease.

AGNC Investment Corp.'s dividend announcement can serve as an indicator of market positioning within the real estate investment trust (REIT) sector. REITs are typically expected to pay out a majority of their taxable income as dividends and thus they are often part of income-focused investment strategies. The amount of $0.12 per share should be contextualized within the historical dividend payments of AGNC and the broader market trends.

Investors should consider the consistency of AGNC's dividend payments, as well as any historical changes in the amount, to gauge the reliability of the income stream. Additionally, external economic factors such as interest rate changes can affect the performance of REITs and subsequently their ability to maintain or raise dividends. Understanding the relationship between these factors and AGNC's financial performance is essential for a comprehensive market analysis.

BETHESDA, Md., March 13, 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 March 2024. The dividend is payable on April 9, 2024 to common stockholders of record as of March 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.

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-march-2024--302088526.html

SOURCE AGNC Investment Corp.

FAQ

What dividend has AGNC Investment Corp. declared for March 2024?

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

When is the dividend payable for AGNC Investment Corp.?

The dividend declared by AGNC Investment Corp. is payable on April 9, 2024.

What is the record date for the dividend declared by AGNC Investment Corp.?

The record date for the dividend declared by AGNC Investment Corp. is March 29, 2024.

AGNC Investment Corp.

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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