Subject: DIV
AGNC Investment Corp. Declares Third Quarter Dividends on Preferred Stock
BETHESDA, Md., Sept. 11, 2019 /PRNewswire/ -- AGNC Investment Corp. (Nasdaq: AGNC) ("AGNC" or the "Company") announced today that its Board of Directors has declared cash dividends for the third quarter 2019 on its 7.750% Series B Cumulative Redeemable Preferred Stock (the "Series B Preferred Stock") underlying its outstanding depositary shares (Nasdaq: AGNCB), 7.00% Series C Fixed-to-Floating Rate Cumulative Redeemable Preferred Stock (the "Series C Preferred Stock") underlying its outstanding depositary shares (Nasdaq: AGNCN) and 6.875% Series D Fixed-to-Floating Rate Cumulative Redeemable Preferred Stock (the "Series D Preferred Stock") underlying its outstanding depositary shares (Nasdaq: AGNCM).
Series | Ticker | Per Annum | Dividend Per | Payment | Record | Ex-Dividend |
B | AGNCB | 7.750% | $0.484375 | October 15, 2019 | October 1, 2019 | September 30, 2019 |
C | AGNCN | 7.00%(2) | $0.43750 | October 15, 2019 | October 1, 2019 | September 30, 2019 |
D | AGNCM | 6.875%(3) | $0.4296875 | October 15, 2019 | October 1, 2019 | September 30, 2019 |
(1) Each depositary share represents a 1/1,000th interest in a share of the Series B Preferred Stock, Series C Preferred Stock or Series D Preferred Stock, as applicable. | ||||||
(2) The dividend rate for the Series C Preferred Stock will accrue dividends from and including the original issue date to (but excluding) October 15, 2022 at a fixed rate of 7.00% per annum and, from and including October 15, 2022, at a floating rate equal to Three-Month LIBOR plus a spread of 5.111% per annum. | ||||||
(3) The dividend rate for the Series D Preferred Stock will accrue dividends from and including the original issue date to (but excluding) April 15, 2024 at a fixed rate of 6.875% per annum and, from and including April 15, 2024, at a floating rate equal to the Three-Month LIBOR plus a spread of 4.332% per annum. | ||||||
For further information or questions, please contact Investor Relations at (301) 968-9300 or [email protected].
ABOUT 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.
CONTACT:
Investor Relations - (301) 968-9300
SOURCE AGNC Investment Corp.
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