AGNC(AGNC)

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81 Monthly Paid Dividend Stocks And 80 MoPay Funds For July
Seeking Alpha· 2024-07-26 12:38
iridi Foreword All but six equities and all of the funds listed in this July monthly pay batch live up to the ideal of paying annual dividends from a $1K investment exceeding their single share price. Here, in the MoPay collection, lie affordable (yet volatile and risky) bargains. The dogcatcher rule of thumb is: one metric ($1k invested dividend income>1 share price) fits all! Now, over four and one-quarter years past the 2020 Ides of March market dip, and before other pull-backs yet to come, the time ...
Despite Shifting Momentum, AGNC Investment's Ultra-High-Yielding Dividend Looks Safe
The Motley Fool· 2024-07-25 10:22
The mortgage REIT is very optimistic about what's ahead.AGNC Investment (AGNC -3.68%) offers investors a prodigious payout. The mortgage-focused real estate investment trust (REIT) currently yields around 14%. That's more than 10 times the S&P 500's recent dividend yield of around 1.3%. The mortgage REIT experienced some renewed headwinds in the second quarter, which might increase concerns about dividend sustainability. However, it remains optimistic about the future, which bodes well for its ability to ma ...
AGNC Investment: I Am Buying This 14% Yield Hand Over Fist (Rating Upgrade)
Seeking Alpha· 2024-07-25 05:55
Core Viewpoint - AGNC Investment Corp. is showing a positive trend in net interest income, supported by cooling inflation and potential interest rate cuts by the central bank, which could lead to double-digit returns for mortgage trusts [1][2][10] Group 1: Financial Performance - AGNC Investment's net interest income was negative at $3 million in Q2 2024, but this represents an improvement from a loss of $69 million in the same period last year, indicating a positive trend [5] - The company's net book value as of June 30, 2024, was $8.40, reflecting a 5% QoQ drop, marking the largest decline since Q3 2023 [7] - The stock is currently trading at a 9% premium to book value, which is higher than the 1% premium for Annaly Capital Management, suggesting a potential for multiple decompression as interest rates decrease [8] Group 2: Market Conditions - The CPI report indicates that inflation cooled to 3.0% in June from 3.5% in March, increasing the likelihood of a near-term rate cut by the central bank, which would benefit mortgage real estate investment trusts like AGNC [4] - AGNC Investment's portfolio primarily consists of 30-year fixed-rate mortgages valued at $65.0 billion as of June 30, 2024, an increase of $2.8 billion QoQ [3] Group 3: Investment Outlook - The company is expected to benefit from lower short-term funding rates and cooling inflation, which should enhance its net interest margin moving forward [4][10] - The outlook for profit growth is improving, with expectations that AGNC Investment could soon return to positive net interest income, supported by lower borrowing costs [10]
AGNC Investment (AGNC) Q2 Earnings Meet, Asset Yield Improves
ZACKS· 2024-07-23 16:35
AGNC Investment Corp.’s (AGNC) second-quarter 2024 net spread and dollar roll income per common share (excluding estimated "catch-up" premium amortization benefit) of 53 cents matched the Zacks Consensus Estimate. However, the bottom line declined from the 67 cents reported in the previous quarter.Adjusted net interest and dollar roll income of $482 million moved down from $496 million in the previous quarter.The company reported a second-quarter comprehensive loss per common share of 13 cents against compr ...
AGNC(AGNC) - 2024 Q2 - Earnings Call Transcript
2024-07-23 15:05
AGNC Investment Corp. (NASDAQ:AGNC) Q2 2024 Earnings Conference Call July 23, 2024 8:30 AM ET Company Participants Katie Turlington - IR Peter Federico - Director, President & CEO Bernie Bell - EVP & CFO Chris Kuehl - EVP & Chief Investment Officer Aaron Pas - SVP, Non-Agency Portfolio Management Conference Call Participants Crispin Love - Piper Sandler Douglas Harter - UBS Bose George - KBW Terry Ma - Barclays Rick Shane - JPMorgan Eric Hagen - BTIG Jason Stewart - Janney Operator Good morning, and welcome ...
AGNC(AGNC) - 2024 Q2 - Earnings Call Presentation
2024-07-23 10:48
4 2 0 Q2 STOCKHOLDER PRESENTATION JULY 23, 2024 THE PREMIER AGENCY RESIDENTIAL MORTGAGE REIT 2 © 2024 AGNC Investment Corp. All Rights Reserved. IMPORTANT NOTICES Safe harbor statement under the private securities litigation reform act of 1995 This presentation contains statements that, to the extent they are not recitations of historical fact, constitute "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995 (the "Reform Act"). All such forward-looking state ...
AGNC(AGNC) - 2024 Q2 - Quarterly Results
2024-07-22 20:05
Exhibit 99.1 FOR IMMEDIATE RELEASE July 22, 2024 CONTACT: Investors - (301) 968-9300 Media - (301) 968-9303 AGNC INVESTMENT CORP. ANNOUNCES SECOND QUARTER 2024 FINANCIAL RESULTS Bethesda, MD - July 22, 2024 - AGNC Investment Corp. ("AGNC" or the "Company") (Nasdaq: AGNC) today announced financial results for the quarter ended June 30, 2024. SECOND QUARTER 2024 FINANCIAL HIGHLIGHTS OTHER SECOND QUARTER HIGHLIGHTS • $(0.13) comprehensive loss per common share, comprised of: ◦ $(0.11) net loss per common share ...
AGNC Investment Corp. Announces Second Quarter 2024 Financial Results
Prnewswire· 2024-07-22 20:01
BETHESDA, Md., July 22, 2024 /PRNewswire/ -- AGNC Investment Corp. ("AGNC" or the "Company") (Nasdaq: AGNC) today announced financial results for the quarter ended June 30, 2024.SECOND QUARTER 2024 FINANCIAL HIGHLIGHTS $(0.13) comprehensive loss per common share, comprised of:$(0.11) net loss per common share$(0.02) other comprehensive loss ("OCI") per common share on investments marked-to-market through OCI$0.53 net spread and dollar roll income per common share1Excludes $0.02 per common share of estimated ...
Four Stocks Set to Soar After the Latest Inflation Numbers
Benzinga· 2024-07-19 03:32
Loading...Loading...This week I want to take a comprehensive look at the current market landscape and some exciting investment opportunities, particularly in real estate and banking sectors.A few weeks ago, we saw a promising inflation report, showing the lowest core increase in over three years and a decrease in the headline number month-over-month. While this is undoubtedly positive news, it’s important to be cautious against excessive optimism. The decrease was largely driven by lower gasoline and rent p ...
Dividend Harvesting Portfolio Week 176: $17,600 Allocated, $1,580.69 In Projected Dividends
Seeking Alpha· 2024-07-18 13:00
PM Images What a week it was as Fed Chair Powell testified in front of the House Financial Service Panel and we got the latest CPI data. The latest CPI print came it at 3%, which is the lowest level since June of 2023, while Core CPI came in at 3.3%. Fed Chair Powell stuck with the same mantra and now that the updated CPI data is out, CME Group is projecting that there is an 88.1% chance the Fed pivots by lowering rates 25 bps at the September meeting. Unemployment is ticking higher and is now at 4.1%, ...