BETHESDA, Md., June 9, 2022
/PRNewswire/ -- AGNC Investment Corp. (Nasdaq: AGNC) ("AGNC" or the
"Company") announced today that its Board of Directors has declared
cash dividends for the second quarter 2022 on its 7.00% Series C
Fixed-to-Floating Rate Cumulative Redeemable Preferred Stock (the
"Series C Preferred Stock") underlying its outstanding depositary
shares (Nasdaq: AGNCN), 6.875% Series D Fixed-to-Floating Rate
Cumulative Redeemable Preferred Stock (the "Series D Preferred
Stock") underlying its outstanding depositary shares (Nasdaq:
AGNCM), 6.50% Series E Fixed-to-Floating Rate Cumulative Redeemable
Preferred Stock (the "Series E Preferred Stock") underlying its
outstanding depositary shares (Nasdaq: AGNCO) and 6.125% Series F
Fixed-to-Floating Rate Cumulative Redeemable Preferred Stock (the
"Series F Preferred Stock") underlying its outstanding depositary
shares (Nasdaq: AGNCP).
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Ticker
|
|
Per Annum
Dividend Rate
|
|
Dividend Per
Depositary
Share(1)
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|
Payment
Date
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Record
Date
|
|
|
AGNCN
|
|
7.00%(2)
|
|
$0.43750
|
|
July 15,
2022
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July 1,
2022
|
|
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AGNCM
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6.875%(3)
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$0.4296875
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July 15,
2022
|
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July 1,
2022
|
|
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AGNCO
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6.50%(4)
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|
$0.40625
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July 15,
2022
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July 1, 2022
|
|
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AGNCP
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|
6.125%(5)
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$0.3828125
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July 15,
2022
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July 1, 2022
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|
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(1) Each
depositary share represents a 1/1,000th interest in a share of the
Series C Preferred Stock, Series D Preferred Stock, Series E
Preferred Stock and Series F Preferred Stock, as
applicable.
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(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.
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|
(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.
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(4) The dividend
rate for the Series E Preferred Stock will accrue dividends from
and including the original issue date to (but excluding) October
15, 2024 at a fixed rate of 6.50% per annum and, from and including
October 15, 2024, at a floating rate equal to the Three-Month LIBOR
plus a spread of 4.993% per annum.
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(5) The dividend
rate for the Series F Preferred Stock will accrue dividends from
and including the original issue date to (but excluding) April 15,
2025 at a fixed rate of 6.125% per annum and, from and including
April 15, 2025, at a floating rate equal to the Three-Month LIBOR
plus a spread of 4.697% per annum.
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For further information or questions, please contact Investor
Relations at (301) 968-9300 or IR@AGNC.com.
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
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SOURCE AGNC Investment Corp.