AGNC Investment announces March dividend of $0.12 per share

BETHESDA, Md. - AGNC Investment Corp. (NASDAQ:AGNC), a real estate investment trust (REIT) specializing in agency residential mortgage-backed securities, has declared a monthly cash dividend of $0.12 per share for March 2025. Stockholders on record as of March 31, 2025, will receive the dividend on April 9, 2025. With a current yield of 14.27% and a market capitalization of $9.05 billion, AGNC stands as one of the market’s highest-yielding REITs. InvestingPro data reveals the company has maintained dividend payments for 18 consecutive years.

The REIT’s decision to distribute dividends is consistent with its history of providing monthly income to its shareholders. Since its inception in 2008, AGNC has paid over $14 billion in common stock dividends. Trading at a P/E ratio of 10.79 and showing a 12.17% year-to-date return, the company maintains a GOOD financial health score according to InvestingPro analysis. The company’s investment strategy involves leveraging primarily through repurchase agreements and implementing dynamic risk management to mitigate market risks, including those associated with interest rates.

AGNC’s portfolio consists of Agency MBS, which are secured by guarantees against credit losses from government-sponsored entities such as Fannie Mae, Freddie Mac, or Ginnie Mae. This structure positions the company as a major private capital contributor to the U.S. residential housing market.

This announcement is based on a press release statement from AGNC Investment Corp. and serves to inform shareholders and the investment community of the upcoming dividend payment.

In other recent news, AGNC Investment Corp. reported its fourth-quarter 2024 earnings, missing its earnings per share (EPS) forecast. The company posted an EPS of $0.37, falling short of the expected $0.42, while reporting a comprehensive loss of $0.11 per common share. Despite this, AGNC’s revenue reached $856 million, surpassing the forecasted $805.34 million. The company also issued $511 million in common stock through its ATM program during the quarter. AGNC maintains a positive outlook for 2025, anticipating gross returns on equity between 17% and 18.5%.

Additionally, AGNC Investment Corp. declared a monthly cash dividend of $0.12 per share for February 2025, payable on March 11, 2025, to shareholders on record as of February 28, 2025. The company continues to focus on agency mortgage-backed securities (MBS) and has shifted towards higher coupon MBS while increasing its treasury-based hedges. AGNC’s management highlighted the balanced supply and demand outlook for agency MBS, with expectations of stable mortgage spreads and lower interest rate volatility in the coming year. The company plans to maintain strong liquidity and a robust market presence, supported by its strategic initiatives.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.