2025 FORM 1099 – Common Stock (CUSIP #38741L107) Box 1a Total Box 1b Total Box 2a Total Box 3 Total Box 5 Total Distribution Type Declaration Date Record Date Payable Date 2025 Total Distribution Per Share Adjustments 2025 Ordinary Dividends (3)2025 Qualified Dividends 2025 Capital Gain Distributions 2025 Nondividend Distributions (4)2025 Section 199A Dividends Cash 12/19/2024 12/31/2024 1/15/2025 $0.000000 (1) $0.050000 $0.000000 $0.000000 $0.000000 $0.050000 $0.000000 Cash 3/13/2025 4/1/2025 4/15/2025 $0. ...

Financial Data and Key Metrics Changes - The total economic return for Q4 2025 was 10.2%, with a common dividend of $0.51 and a book value increase of $0.78 per share [23] - For the full year 2025, the book value increased by $0.75, and total comprehensive income was $354 million [23][24] - The company ended the quarter with leverage of 7.3x total equity and maintained a strong liquidity position with $1.4 billion in cash and unencumbered securities [23] Business Line Data and Key Metrics Changes - The TBA and mortgage-backed securities portfolio grew from $9.8 billion at the beginning of the year to $19.4 billion by year-end, with current holdings at approximately $22 billion [24] - The company raised and invested over $1 billion in 2025, benefiting from spread tightening in the second half of the year [15][24] Market Data and Key Metrics Changes - The company noted that MBS spreads have tightened significantly, with current spreads being 150 to 300 basis points tighter than at the end of the previous quarter [33] - The return environment is expected to improve due to policy support for housing finance and higher liquidity [17] Company Strategy and Development Direction - The company emphasizes a performance-first mentality and ethical stewardship of shareholders' capital, focusing on risk management and adaptability [4][5] - The management team is committed to evolving the business steadily, fine-tuning processes and technology to align with strategic goals [12] - The company aims to leverage rising global demand for income and the expansion of passive investing to strengthen its shareholder base and lower its cost of capital [11][12] Management's Comments on Operating Environment and Future Outlook - Management highlighted the importance of government policy in shaping asset returns and indicated a more stable and supportive framework for the mortgage market [13][14] - The company is prepared for a wider range of outcomes in a rapidly changing global landscape, with a focus on liquidity and flexibility [10][12] - Management expressed confidence in the company's ability to generate reliable dividends backed by a resilient portfolio [11] Other Important Information - The company has made significant investments in its team and infrastructure, including the appointment of a new Chief Operating Officer [9] - General and administrative expenses as a percentage of capital decreased from 2.9% to 2.1% year-over-year, reflecting operational efficiency [26] Q&A Session Summary Question: Can you quantify where you see incremental investment returns today? - Management indicated that hedged ROEs are in the mid-teens with leverage around 7x, and with targeted leverage in the low 8s, ROEs could reach mid- to high teens [31] Question: How does the current spread tightening compare to previous quarters? - The dynamic is that spreads are now between 150 and 300 basis points tighter than at the end of the previous quarter [33] Question: What is the probability of politically motivated actions to improve housing affordability? - Management acknowledged the historical role of GSEs in managing housing and indicated that government intervention is possible and anticipated [44] Question: Where has the capital raised in January been deployed? - The company is finding opportunities primarily in the belly of the coupon stack, particularly in fives and five and a halves [50] Question: What is the appropriate size of the portfolio given current opportunities? - Management believes there are significant opportunities to generate alpha and that the portfolio can grow while still maintaining strong performance [60]

AGNC Investment Corp. (NASDAQ:AGNC) is anticipated to report an EPS of $0.37 and revenue of $358.7 million for Q4 2025.The company is expected to benefit from lower mortgage rates, enhancing interest income and book value.Despite challenges in the previous quarter, AGNC's financial metrics indicate a strong market position with a low debt-to-equity ratio of approximately 0.005.AGNC Investment Corp. (NASDAQ:AGNC) is set to release its fourth-quarter 2025 earnings on January 26, 2026. Analysts expect earnings ...

Market Overview - The U.S. markets ended the final trading week of 2025 on a mixed note, with optimism over AI growth offset by caution regarding Federal Reserve policy signals [1] - Despite thin year-end liquidity, late pullbacks in all three major benchmark indexes kept the broader bull trend intact as market participants positioned for 2026 [1] Macroeconomic Indicators - Initial jobless claims fell unexpectedly by 16,000 to a seasonally adjusted 199,000 for the week ended Dec. 27, the lowest since the end of November, signaling continued labor market strength [2] - Pending home sales unexpectedly rose 3.3% in November, marking the largest seasonal rise since 2023 [2] Federal Reserve Policy - The Fed has successfully kept inflation stable and near its 2% target, with a current overnight borrowing rate in the range of 3.50-3.75% [3] - The pace of further easing may slow, even though markets are expecting two additional quarter-point cuts in 2026 [3] Dividend-Paying Stocks - Investors looking to diversify their portfolios can consider dividend-paying stocks, which indicate a healthy business model and can counter market upheavals [4] - Stocks that have raised dividends recently tend to outperform non-dividend-paying entities in a highly volatile market [4] Company Highlights The Ensign Group - The Ensign Group provides health care services in the post-acute care continuum and has a Zacks Rank 2 (Buy) [5] - On Dec. 19, ENSG declared a dividend of 7 cents a share, with a dividend yield of 0.1% [5] - Over the past five years, ENSG has increased its dividend five times, with a payout ratio of 4% of earnings [6] Invesco Mortgage Capital - Invesco Mortgage Capital is a real estate investment trust with a Zacks Rank 1 (Strong Buy) [7] - On Dec. 18, IVR declared a dividend of 36 cents a share, reflecting a dividend yield of 17.3% [7] - IVR has increased its dividend four times in the past five years, with a payout ratio of 58% of earnings [8] ABM Industries - ABM Industries is a provider of integrated facility solutions with a Zacks Rank 3 (Hold) [9] - On Dec. 17, ABM announced a dividend of 29 cents a share, yielding 2.5% [9] - Over the past five years, ABM has increased its dividend six times, with a payout ratio of 31% of earnings [11] Franklin Resources - Franklin Resources is a global investment management company with a Zacks Rank 3 [12] - On Dec. 17, BEN declared a dividend of 33 cents a share, yielding 5.5% [12] - Over the past five years, BEN has increased its dividend five times, with a payout ratio of 58% of earnings [13] Norwood Financial - Norwood Financial is a bank holding company with a Zacks Rank 3 [14] - On Dec. 16, NWFL announced a dividend of 32 cents a share, yielding 4.4% [14] - Over the past five years, NWFL has increased its dividend six times, with a payout ratio of 47% of earnings [14]

Core Viewpoint - PennyMac Mortgage Investment Trust has announced the pricing of $75 million in 8.500% Exchangeable Senior Notes due 2029, indicating a strategic move to raise capital through a direct placement [1] Group 1: Company Actions - The offering consists of $75 million aggregate principal amount of Exchangeable Senior Notes [1] - The Notes are due in 2029 and are part of a further reopening of an existing offering [1] - The issuance is registered under the Securities Act of 1933, as amended, highlighting compliance with regulatory requirements [1]

Group 1 - The Ademi Firm is investigating TWO (NYSE: TWO) for possible breaches of fiduciary duty and other legal violations related to its transaction with UWM Holdings Corporation [1] - In the transaction, TWO shareholders will receive 2.3328 shares of UWMC Class A Common Stock for each share of TWO common stock, equating to a value of $11.94 per share based on UWMC's closing price as of December 16, 2025 [2] - Upon completion of the transaction, UWM shareholders will own approximately 87% of the combined company, while TWO shareholders will own approximately 13% [2] Group 2 - The transaction agreement imposes significant penalties for TWO if it accepts competing bids, which raises concerns about the conduct of the TWO board of directors and their fiduciary duties to all shareholders [3] - The investigation focuses on whether the board is acting in the best interests of all shareholders, particularly in light of substantial benefits for TWO insiders as part of the change of control arrangements [2][3]

Core Points - Granite Point Mortgage Trust Inc. declared a quarterly cash dividend of $0.05 per share of common stock for Q4 2025, payable on January 15, 2026, to shareholders of record as of December 30, 2025 [1] - The Company also declared a quarterly cash dividend of $0.4375 per share for the 7.00% Series A Fixed-to-Floating Rate Cumulative Redeemable Preferred Stock for Q4 2025, also payable on January 15, 2026, to holders of record as of December 30, 2025 [2] Business Update - During the quarter, the Company funded approximately $4.8 million in unpaid principal balance on existing loans and realized about $39.0 million in full and partial principal repayments [8] - The Company refinanced a property in Maynard, MA, with a first mortgage of $18.0 million and a financing spread of S+3.05% [8] - Secured credit facility borrowings were reduced by $7.5 million, and as of December 16, the Company had approximately $66.9 million in unrestricted cash [8] Company Overview - Granite Point Mortgage Trust Inc. is focused on directly originating, investing in, and managing senior floating-rate commercial mortgage loans and other debt and debt-like commercial real estate investments [4]

Group 1 - The article does not provide any relevant content regarding the company or industry [1]

Core Viewpoint - PennyMac Mortgage Investment Trust has announced the pricing of $75 million in 8.500% Exchangeable Senior Notes due 2029, indicating a strategic move to raise capital through a direct placement [1] Group 1: Company Actions - The company’s indirect wholly-owned subsidiary, PennyMac Corp., is responsible for the offering of the Notes [1] - The offering is registered under the Securities Act of 1933, reflecting compliance with regulatory requirements [1] Group 2: Financial Details - The total principal amount of the offering is $75 million, which highlights the scale of the capital-raising effort [1] - The Notes carry an interest rate of 8.500%, which may attract investors seeking higher yields [1] - The Notes are due in 2029, indicating a long-term financing strategy [1]

Group 1 - The article does not provide any relevant content regarding company or industry insights [1]