STOCK TITAN

AGNC Investment Corp. Declares Monthly Common Stock Dividend of $0.12 per Common Share for August 2020 and Announces Estimated Tangible Net Book Value of $14.84 per Common Share as of July 31, 2020

Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Neutral)
Tags
dividends
Rhea-AI Summary

AGNC Investment Corp. has declared a cash dividend of $0.12 per share for August 2020, payable on September 10, 2020, to stockholders of record as of August 31, 2020. The company also reported an estimated tangible net book value of $14.84 per share as of July 31, 2020, which factors in the previous month’s dividend of $0.12. The estimate is unaudited and may differ from future assessments.

Positive
  • Declared cash dividend of $0.12 per share, providing income for shareholders.
  • Estimated tangible net book value of $14.84 per share indicates asset stability.
Negative
  • The tangible net book value is unaudited and subject to change, posing a risk for investors.

BETHESDA, Md., Aug. 13, 2020 /PRNewswire/ -- AGNC Investment Corp. (Nasdaq: AGNC) ("AGNC" or the "Company") announced today that its Board of Directors has declared a cash dividend of $0.12 per share of common stock for August 2020. The dividend is payable on September 10, 2020 to common stockholders of record as of August 31, 2020.

The Company also announced today its estimated tangible net book value of $14.84 per common share as of July 31, 2020. The estimate of tangible net book value includes deductions for the Company's July 2020 dividend of $0.12 per common share, which was declared on July 9, 2020 with a July 31, 2020 record date.

The estimated tangible net book value is unaudited and has not been verified or reviewed by any third party. The Company's current estimate may also be materially different from its estimate as of July 31, 2020. The Company undertakes no obligation to update or revise its estimate of tangible net book value.

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

ABOUT AGNC INVESTMENT CORP.
AGNC Investment Corp. is an internally-managed real estate investment trust that invests primarily in residential mortgage-backed securities for which the principal and interest payments are guaranteed by a U.S. Government-sponsored enterprise or a U.S. Government agency.  For further information, please refer to www.AGNC.com.

FORWARD-LOOKING STATEMENTS
This press release contains forward-looking statements. Forward-looking statements are based on estimates, projections, beliefs and assumptions of management of the Company at the time of such statements and are not guarantees of future performance. Forward-looking statements involve risks and uncertainties in predicting future results and conditions. Actual results could differ materially from those projected in these forward-looking statements due to a variety of important factors, including, without limitation, changes in interest rates, changes in the yield curve, changes in prepayment rates, the availability and terms of financing, changes in the market value of the Company's assets, general economic conditions, market conditions, conditions in the market for agency securities, and legislative and regulatory changes that could adversely affect the business of the Company. Certain factors that could cause actual results to differ materially from those contained in the forward-looking statements, are included in the Company's periodic reports filed with the Securities and Exchange Commission ("SEC"). Copies are available on the SEC's website, www.sec.gov. The Company disclaims any obligation to update or revise any forward-looking statements based on the occurrence of future events, the receipt of new information, or otherwise.

CONTACT:
Investor Relations - (301) 968-9300

Cision View original content:http://www.prnewswire.com/news-releases/agnc-investment-corp-declares-monthly-common-stock-dividend-of-0-12-per-common-share-for-august-2020-and-announces-estimated-tangible-net-book-value-of-14-84-per-common-share-as-of-july-31--2020--301112164.html

SOURCE AGNC Investment Corp.

FAQ

What is AGNC's dividend for August 2020?

AGNC declared a dividend of $0.12 per share for August 2020.

When is the AGNC dividend payable?

The AGNC dividend is payable on September 10, 2020.

What is the estimated tangible net book value for AGNC?

The estimated tangible net book value for AGNC is $14.84 per share as of July 31, 2020.

Who qualifies for the AGNC dividend?

Stockholders of record as of August 31, 2020, qualify for the AGNC dividend.

Is the tangible net book value of AGNC audited?

No, the tangible net book value is unaudited and not verified by third parties.

AGNC Investment Corp.

NASDAQ:AGNC

AGNC Rankings

AGNC Latest News

AGNC Stock Data

8.48B
885.64M
0.39%
36.87%
5.4%
REIT - Mortgage
Real Estate Investment Trusts
Link
United States of America
BETHESDA