Breaking News: AGNC Investment Corp Announces Quarterly Dividends for Preferred Stock!
Description
Bethesda, Md. , Dec. 11, 2024 /PRNewswire/ — AGNC Investment Corp. (Nasdaq: AGNC) (“AGNC” or the “Company”) announced today that its Board of Directors has declared cash dividends on the outstanding depositary shares of the following series of preferred stock for the fourth quarter 2024:
Series of Preferred Stock
- 7.00% Series C Fixed-to-Floating Rate AGNCN – Per Annum Dividend Rate 10.01991%, Dividend Per Depositary Share $0.64016
- 6.875% Series D Fixed-to-Floating Rate AGNCM – Per Annum Dividend Rate 9.24091%, Dividend Per Depositary Share $0.59039
- 6.50% Series E Fixed-to-Floating Rate AGNCO – Per Annum Dividend Rate 9.90191%, Dividend Per Depositary Share $0.63262
- 6.125% Series F Fixed-to-Floating Rate AGNCP – Dividend Per Depositary Share $0.3828125
- 7.750% Series G Fixed-Rate Reset AGNCL – Dividend Per Depositary Share $0.48438
AGNC Investment Corp, a real estate investment trust, focuses on investing in either single-family residential or commercial mortgage-backed securities. Their decision to declare these cash dividends for the specified preferred stock series reflects the company’s commitment to providing value to its investors and shareholders.
Impact on Individuals
As an individual investor, the announcement of cash dividends for preferred stock signifies a potential opportunity for passive income. If you are a shareholder of AGNC Investment Corp, you may benefit from receiving these dividends based on your investment in the specified series of preferred stock.
Impact on the World
The declaration of quarterly dividends by AGNC Investment Corp reflects the stability and financial strength of the company. This news may have a positive impact on the overall market sentiment towards real estate investment trusts and preferred stock investments. It showcases AGNC’s commitment to providing consistent returns to its stakeholders, which can contribute to the overall confidence in the investment sector.
Conclusion
In conclusion, the announcement of cash dividends for AGNC Investment Corp’s preferred stock series is a significant development that highlights the company’s dedication to delivering value to its investors. Whether you are an individual shareholder or observing the broader market trends, this news reinforces the importance of dividend income and the impact of corporate decisions on financial markets.
