BETHESDA, Md., Sept. 14,
2022 /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 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).
|
Series
|
|
Ticker
|
|
Per Annum
Dividend Rate
|
|
Dividend Per
Depositary Share(1)
|
|
Payment
Date
|
|
Record
Date
|
|
C
|
|
AGNCN
|
|
7.00%(2)
|
|
$0.43750
|
|
October 17,
2022
|
|
October 1,
2022
|
|
D
|
|
AGNCM
|
|
6.875%(3)
|
|
$0.4296875
|
|
October 17,
2022
|
|
October 1,
2022
|
|
E
|
|
AGNCO
|
|
6.50%(4)
|
|
$0.40625
|
|
October 17,
2022
|
|
October 1,
2022
|
|
F
|
|
AGNCP
|
|
6.125%(5)
|
|
$0.3828125
|
|
October 17,
2022
|
|
October 1,
2022
|
|
|
|
|
|
|
|
|
|
|
|
(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.
(2) 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 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 Three-Month LIBOR plus a
spread of 4.332% per annum.
(4) 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 Three-Month LIBOR plus a
spread of 4.993% per annum.
(5) 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 Three-Month LIBOR plus a
spread of 4.697% per annum.
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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content:https://www.prnewswire.com/news-releases/agnc-investment-corp-declares-third-quarter-dividends-on-preferred-stock-301624695.html
SOURCE AGNC Investment Corp.