AGNC Investment Corp. (AGNC) announced today that its Board of Directors has declared a cash dividend of $0.18 per share of common stock for November 2017. The dividend is payable on December 8, 2017 to common stockholders of record as of November 30, 2017, with an ex-dividend date of November 29, 2017.
The Company also announced today its estimated tangible net book value of $19.64 per common share as of October 31, 2017. The estimate of tangible net book value includes deductions for the Company’s October 2017 dividend of $0.18 per common share, which was declared on October 12, 2017 with an October 31, 2017 record date. The Company’s estimated tangible net book value of $19.64 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 tangible net 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 October 31, 2017. The Company undertakes no obligation to update or revise its estimate of tangible net book value.