STOCK TITAN

AGNC Investment Corp. Declares Monthly Common Stock Dividend of $0.12 per Common Share for December 2020 and Announces Estimated Tangible Net Book Value of $16.30 per Common Share as of November 30, 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 December 2020, payable on January 12, 2021, to shareholders of record as of December 31, 2020. The estimated tangible net book value is $16.30 per share as of November 30, 2020, after accounting for the previous month's dividend. Note that this estimate is unaudited and subject to change.

Positive
  • Declared a dividend of $0.12 per share.
  • Estimated tangible net book value of $16.30 per share.
Negative
  • Tangible net book value estimate is unaudited and may change.

BETHESDA, Md., Dec. 10, 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 December 2020. The dividend is payable on January 12, 2021 to common stockholders of record as of December 31, 2020.

The Company also announced today its estimated tangible net book value of $16.30 per common share as of November 30, 2020. The estimate of tangible net book value includes deductions for the Company's November 2020 dividend of $0.12 per common share, which was declared on November 12, 2020 with a November 30, 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 November 30, 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-december-2020-and-announces-estimated-tangible-net-book-value-of-16-30-per-common-share-as-of-november-30--2020--301190839.html

SOURCE AGNC Investment Corp.

FAQ

What is the dividend amount declared by AGNC for December 2020?

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

When will AGNC's December 2020 dividend be paid?

The dividend will be payable on January 12, 2021.

What is AGNC's estimated tangible net book value as of November 30, 2020?

The estimated tangible net book value is $16.30 per share.

Who are the shareholders of record for the December 2020 dividend?

Shareholders of record on December 31, 2020, will receive the dividend.

AGNC Investment Corp.

NASDAQ:AGNC

AGNC Rankings

AGNC Latest News

AGNC Stock Data

8.34B
882.15M
0.39%
40.96%
4.77%
REIT - Mortgage
Real Estate Investment Trusts
Link
United States of America
BETHESDA