Business
AGNC Investment Corp. Declares Monthly Common Stock Dividend of $0.12 per Common Share for February 2022 and Announces Estimated Tangible Net Book Value of $14.91 per Common Share as of January 31, 2022
BETHESDA, Md., Feb. 10, 2022 /PRNewswire/ -- AGNC Investment Corp. (Nasdaq: AGNC) ("AGNC" or the "Company") announced today that its Board of Directors has
About this update from Agnc Investment Corp.
[{"type":"text","content":"BETHESDA, Md., Feb. 10, 2022 /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 February 2022. The dividend is payable on March 9, 2022 to common stockholders of record as of February 28, 2022.\nThe Company also announced today its estimated tangible net book value of $14.91 per common share as of January 31, 2022. The estimate of tangible net book value includes a deduction for the Company's January 2022 dividend of $0.12 per common share, which was declared on January 10, 2022 with a January 31, 2022 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 January 31, 2022. The Company undertakes no obligation to update or revise its estimate of tangible net book value.\nThe Company also announced today that, consistent with industry practice, AGNC will no longer provide monthly announcements of its estimated tangible net book value after March 31, 2022. The Company intends to continue to declare and pay its dividends on a monthly basis.\nFor further information or questions, please contact Investor Relations at (301) 968-9300 or [email protected]. \nABOUT 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. \nFORWARD-LOOKING STATEMENTSThis 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 te...