
Agnc Preferred Shares offer a unique opportunity for investors seeking high yields with relatively low risk. With a minimum investment of $2,500, you can start earning a 4.75% to 6.25% dividend yield.
These shares are a type of debt security issued by AGNC Investment Corp, a real estate investment trust that specializes in investing in residential mortgage-backed securities. As a result, AGNC Preferred Shares are backed by a diversified portfolio of high-quality mortgage assets.
AGNC Preferred Shares have a term of 50 years, providing investors with a long-term investment horizon. This means you can hold onto your investment for an extended period, potentially earning higher returns over time.
About AGNC Preferred Shares
AGNC Preferred Shares offer a unique investment opportunity with various series to choose from. Each series has its own dividend rate and payment terms.
The dividend rates for the preferred shares are quite diverse, ranging from 6.125% to 10.70027% per annum, depending on the series. For example, the 7.00% Series C Fixed-to-Floating Rate has a dividend rate of 10.70027% per annum.
The dividend payment for each series is made quarterly, with the next payment scheduled for July 15, 2024, to holders of record as of July 1, 2024. This provides a regular income stream for investors.
AGNC Preferred Shares are traded on the Nasdaq stock exchange, with ticker symbols such as AGNCN, AGNCM, and AGNCO. Each depositary share represents a 1/1,000th interest in a share of preferred stock.
Here is a summary of the dividend rates for the preferred shares:
Investment Opportunities
Recent macroeconomic changes have led to price increases in REIT preferreds, making them opportunistically priced for investors. This shift has resulted in varied forward return potentials.
AGNC Investment's preferred stock offers a nearly safe 10.0% dividend yield, providing a wide margin of safety and protection against higher interest rates. This makes it an attractive investment option for income-seeking investors.
AGNC Investment Corp. has a strong track record of managing its Agency MBS portfolio, making its preferred stocks, especially AGNCP, undervalued compared to its brothers.
Financial Performance
AGNC Investment's revenue in 2024 was a whopping $973.00 million, a 287.65% increase from the previous year's $251.00 million.
This kind of growth is impressive, to say the least, and it's no wonder investors are taking notice.
Earnings were also up significantly, with a 2184.38% increase to $731.00 million.
Analyst Forecast
If you're considering investing in AGNC stock, you'll want to know what the experts are saying. According to 10 analysts, the average rating for AGNC stock is "Buy".
The analysts are optimistic about the stock's future performance, predicting a 12-month stock price forecast of $10.67, which represents a 7.02% increase from the latest price.
Select Opportunistic High Yield Investments
In today's market, it's essential to identify high-yield investments that can provide a safe and attractive return. Recent macroeconomic changes have led to price increases in REIT preferreds, making them a great option for investors.
AGNC Investment's preferred stock offers a nearly safe 10.0% dividend yield, which is a significant advantage in today's low-interest-rate environment. This makes it an attractive choice for income-seeking investors.
Analysts are optimistic about AGNC's stock, with an average rating of "Buy" from 10 analysts. They forecast a 12-month stock price of $10.67, representing a 7.02% increase from the latest price.
Investors can consider AGNC's preferred stock, AGNCP, which is undervalued compared to its brothers. This presents an opportunistic investment opportunity for those seeking high yields.
The company has a strong track record of maintaining its dividend payments, providing investors with a relatively safe and attractive return.
Dividend Information
AGNC preferred shares offer a range of dividend options for investors. Each series of preferred stock has its own dividend rate, which is typically a fixed or floating rate.
The dividend rates for AGNC's preferred shares vary by series, with the 7.00% Series C Fixed-to-Floating Rate Cumulative Redeemable Preferred Stock having a dividend rate of 10.70027% per annum. This rate is calculated based on Three-Month CME Term SOFR plus 0.26161% plus 5.111%.
The dividend payment dates and record dates for AGNC's preferred shares are typically the same, with the dividend payable on the 15th of the month following the record date. For example, the dividend for the second quarter 2024 was payable on July 15, 2024 to holders of record as of July 1, 2024.
Here is a summary of the dividend information for AGNC's preferred shares:
It's worth noting that the dividend rates for AGNC's preferred shares can change over time, so it's always a good idea to check the company's website or contact investor relations for the most up-to-date information.
Frequently Asked Questions
What is the future outlook for AGNC?
According to 7 analysts, AGNC Investment stock is predicted to increase by 11.79% to an average target of $10.43. This forecast suggests a positive future outlook for the company.
What is the symbol for preferred stock?
Preferred stock symbols are typically the same as the company's common stock with an additional letter, such as a hyphen or dash, to indicate the series. For example, Bank of America's Series E preferred stock is represented by BAC-E.
Is agnc a buy hold or sell?
AGNC Investment has a consensus rating of Moderate Buy, supported by 8 buy ratings and 4 hold ratings. Analysts' consensus suggests a potential investment opportunity, but further research is recommended.
Who owns the most AGNC stock?
According to TipRanks data, Vanguard owns the most shares of AGNC Investment. They hold a significant portion of the company's stock, making them a major stakeholder.
Sources
- https://stockanalysis.com/stocks/agnc/
- https://www.stocktitan.net/news/AGNC/agnc-investment-corp-announces-corrections-to-previously-announced-vu907be6lh1r.html
- https://www.trivano.com/persbericht/agnc-investment-corp-declares-second-quarter-dividends-on-preferred-stock-580949.html
- https://www.fool.com/investing/2024/02/14/is-this-ultra-high-yield-stock-safe/
- https://www.linkedin.com/posts/agnc-investment-corp_agnc-investment-corp-declares-dividends-activity-7240457746309947392-LkAo
Featured Images: pexels.com