Welcome to our dedicated page for AGNC Investment Depositary Shares Each Representing a 1/1,000th Interest in a Share of 7 percent Series C Fixed-To-Floating Rate Cumulative Redeemable Preferred Stock news (Ticker: AGNCN), a resource for investors and traders seeking the latest updates and insights on AGNC Investment Depositary Shares Each Representing a 1/1,000th Interest in a Share of 7 percent Series C Fixed-To-Floating Rate Cumulative Redeemable Preferred Stock stock.
AGNC Investment Corp. (Nasdaq: AGNC) is a leading, internally-managed real estate investment trust (REIT), established in 2008 and headquartered in Bethesda, Maryland. Specializing in residential mortgage-backed securities (RMBS), AGNC's principal investment focus is on securities guaranteed by U.S. Government agencies or government-sponsored entities, utilizing leverage to enhance returns. AGNC's core objective is to provide stockholders with attractive risk-adjusted returns through a mix of monthly dividends and net asset value accretion.
As of March 31, 2018, AGNC boasted a market capitalization of $7.4 billion and total assets of $69.2 billion, making it the largest internally-managed residential mortgage REIT in the industry and one of just three with a market cap exceeding $5 billion. The company's asset portfolio includes a diverse range of mortgage pass-through securities and collateralized mortgage obligations, ensuring stable principal and interest payments backed by U.S. Government guarantees.
AGNC is also affiliated with MTGE Investment Corp. (Nasdaq: MTGE), another prominent REIT that invests in both agency and non-agency mortgage-backed securities, alongside other mortgage-related and healthcare-related real estate investments. This strategic partnership diversifies AGNC's investment avenues, enhancing overall market resilience and growth potential.
Latest Developments:
On October 2, 2023, AGNC Investment Corp. announced corrected dividend amounts for its 7.00% Series C Fixed-to-Floating Rate Cumulative Redeemable Preferred Stock (Nasdaq: AGNCN). The revised cash dividend for Q3 2023 is set at $0.68249 per depositary share, payable on October 16, 2023. Corrections for past periods include Q2 2023 and Q4 2022 dividends, now adjusted to $0.65541 and $0.58715 per share, respectively. These updates reflect AGNC's commitment to accurate financial reporting and shareholder transparency.
For more information, please visit the AGNC Investment Corp. website or contact Investor Relations at (301) 968-9300 or IR@AGNC.com.