BETHESDA, Md., June 13, 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 shares1 of the following series
of preferred stock for the second quarter 2024:
|
Series of Preferred
Stock
|
|
Ticker
|
|
Per Annum
Dividend Rate
|
|
Dividend Per
Depositary Share1
|
|
7.00% Series C
Fixed-to-Floating Rate
|
|
AGNCN
|
|
10.70027%2
|
|
$0.67620
|
|
6.875% Series D
Fixed-to-Floating Rate
|
|
AGNCM
|
|
9.92127%3
|
|
$0.62697
|
|
6.50% Series E
Fixed-to-Floating Rate
|
|
AGNCO
|
|
6.50 %
|
|
$0.40625
|
|
6.125% Series F
Fixed-to-Floating Rate
|
|
AGNCP
|
|
6.125 %
|
|
$0.3828125
|
|
7.750% Series G
Fixed-Rate Reset
|
|
AGNCL
|
|
7.750 %
|
|
$0.48438
|
|
|
|
|
|
|
|
|
|
1.
|
Each depositary share
represents a 1/1,000th interest in a share of preferred
stock.
|
|
2.
|
The Series C Depositary
Shares accrue dividends at a floating rate equal to Three-Month CME
Term SOFR plus 0.26161% plus 5.111%. The
dividend rate for the
dividend period ending July 14, 2024 is 10.70027% per
annum.
|
|
3.
|
The Series D Depositary
Shares accrue dividends at a floating rate equal to Three-Month CME
Term SOFR plus 0.26161% plus 4.332%. The
dividend rate for the dividend period ending July 14, 2024 is
9.92127% per annum.
|
The dividend for each series of outstanding preferred stock is
payable on July 15, 2024 to holders
of record as of July 1, 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 $13 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.
CONTACT:
Investor Relations - (301) 968-9300
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SOURCE AGNC Investment Corp.
