AGNC reported Q2 Net Spread and TBA Dollar Roll Income of $0.40 per share, hitting the midpoint of forecasts. Tangible net book value per share rose by $0.20 to $8.58, resulting in a strong 6.7% economic return for the quarter. Agency mortgage-backed securities (MBS) outperformed U.S. Treasuries and interest rate swaps, helping AGNC's short hedge positions offset bond price fluctuations. Lower-than-expected mortgage issuance is creating favorable supply-demand conditions for existing Agency MBS assets, supporting AGNC's portfolio performance going forward.
Mortgage REITs currently offer double-digit yields, but many are paying dividends by eroding their principal value, which risks long-term investor capital. Agency mortgage REITs like AGNC and ARMOUR show thin or breakeven dividend coverage, while com...
AGNC Investment Corp. announced a cash dividend of $0.12 per share for September 2026, payable on October 9, 2026, to shareholders of record as of September 30, 2026. AGNC is a major investor in Agency residential mortgage-backed securities and has a...
AGNC Investment Corp. announced cash dividends for the third quarter of 2026 on its preferred stock depositary shares across six series, with dividend rates ranging from 7.75% to 9.16547% per annum. These dividends will be paid on October 15, 2026, t...
AGNC Investment Corp. achieved a 6.7% economic return in Q2 2026 despite challenges from a hostile fixed income environment and rising interest rates. The company's net spread and dollar roll income per share covered its $0.36 dividend, resulting in ...
