AGNC Investment (NASDAQ:AGNCZ) Shares Up 0% – Still a Buy?

AGNC Investment Corp. (NASDAQ:AGNCZ)’s share price rose 0% on Monday . The stock traded as high as $25.55 and last traded at $25.51. 17,036 shares were traded during mid-day trading, a decline of 69% from the average daily volume of 55,314 shares. The stock had previously closed at $25.50.

AGNC Investment Price Performance

The company has a fifty day moving average of $25.36.

AGNC Investment Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Wednesday, July 15th. Investors of record on Wednesday, July 1st were issued a dividend of $0.5469 per share. This represents a $2.19 annualized dividend and a yield of 8.6%. The ex-dividend date of this dividend was Wednesday, July 1st.

AGNC Investment (NASDAQ: AGNCZ) is a real estate investment trust (REIT) that focuses on investing in residential mortgage-backed securities (RMBS), with an emphasis on agency securities guaranteed by U.S. government-sponsored enterprises and agencies. The company’s core business is to acquire and manage portfolios of mortgage-related assets and to generate income through the spread between the interest earned on those assets and its financing costs.

AGNC’s investment activities typically include purchasing agency RMBS and other mortgage-related securities, and using derivatives and hedging strategies to manage interest-rate and spread exposure.