AGNC Investment is a high dividend stock. Today we learned that AGNC Imvesment (AGNC) announced today that its Board of Directors has declared a cash dividend of $0.18 per share of common stock for September 2017. The dividend is payable on October 10, 2017 to common stockholders of record as of September 29, 2017, with an ex-dividend date of September 28, 2017.
The Company also announced today its estimated net tangible book value of $19.22 per common share as of August 31, 2017. The estimate of net tangible book value includes deductions for the Company’s August 2017 dividend of $0.18 per common share, which was declared on August 14, 2017 with an August 31, 2017 record date. The Company’s estimated net tangible book value of $19.22 per common share excludes intangible assets recognized by the Company in connection with the acquisition of AGNC Mortgage Management, LLC and the internalization of the Company’s management on July 1, 2016.
The estimated net tangible book value is unaudited and has not been verified or reviewed by any third party. The Company’s current estimate may also be materially different from its estimate as of August 31, 2017. The Company undertakes no obligation to update or revise its estimate of net tangible book value.