BETHESDA, Md., Dec. 10, 2021 /PRNewswire/ -- AGNC Investment
Corp. (Nasdaq: AGNC) ("AGNC" or the "Company") announced today that
its Board of Directors has declared cash dividends for the fourth
quarter 2021 on its 7.00% Series C Fixed-to-Floating Rate
Cumulative Redeemable Preferred Stock (the "Series C Preferred
Stock") underlying its outstanding depositary shares (Nasdaq:
AGNCN), 6.875% Series D Fixed-to-Floating Rate Cumulative
Redeemable Preferred Stock (the "Series D Preferred Stock")
underlying its outstanding depositary shares (Nasdaq: AGNCM), 6.50%
Series E Fixed-to-Floating Rate Cumulative Redeemable Preferred
Stock (the "Series E Preferred Stock") underlying its outstanding
depositary shares (Nasdaq: AGNCO) and 6.125% Series F
Fixed-to-Floating Rate Cumulative Redeemable Preferred Stock (the
"Series F Preferred Stock") underlying its outstanding depositary
shares (Nasdaq: AGNCP).
Series
|
Ticker
|
Per Annum
Dividend Rate
|
Dividend Per
Depositary
Share(1)
|
Payment
Date
|
Record
Date
|
C
|
AGNCN
|
7.00%(2)
|
$0.43750
|
January 18,
2022
|
January 1,
2022
|
|
|
|
|
|
|
D
|
AGNCM
|
6.875%(3)
|
$0.4296875
|
January 18,
2022
|
January 1,
2022
|
|
|
|
|
|
|
E
|
AGNCO
|
6.50%(4)
|
$0.40625
|
January 18,
2022
|
January 1,
2022
|
|
|
|
|
|
|
F
|
AGNCP
|
6.125%(5)
|
$0.3828125
|
January 18,
2022
|
January 1,
2022
|
|
(1) Each
depositary share represents a 1/1,000th interest in a share of the
Series C Preferred Stock, Series D Preferred Stock, Series E
Preferred Stock and Series F Preferred Stock, as
applicable.
|
(2) The dividend
rate for the Series C Preferred Stock will accrue dividends from
and including the original issue date to (but excluding) October
15, 2022 at a fixed rate of 7.00% per annum and, from and including
October 15, 2022, at a floating rate equal to Three-Month LIBOR
plus a spread of 5.111% per annum.
|
(3) The dividend
rate for the Series D Preferred Stock will accrue dividends from
and including the original issue date to (but excluding) April 15,
2024 at a fixed rate of 6.875% per annum and, from and including
April 15, 2024, at a floating rate equal to the Three-Month LIBOR
plus a spread of 4.332% per annum.
|
(4) The dividend
rate for the Series E Preferred Stock will accrue dividends from
and including the original issue date to (but excluding) October
15, 2024 at a fixed rate of 6.50% per annum and, from and including
October 15, 2024, at a floating rate equal to the Three-Month LIBOR
plus a spread of 4.993% per annum.
|
(5) The dividend
rate for the Series F Preferred Stock will accrue dividends from
and including the original issue date to (but excluding) April 15,
2025 at a fixed rate of 6.125% per annum and, from and including
April 15, 2025, at a floating rate equal to the Three-Month LIBOR
plus a spread of 4.697% per annum.
|
For further information or questions, please contact Investor
Relations at (301) 968-9300 or IR@AGNC.com.
ABOUT AGNC INVESTMENT CORP.
AGNC Investment Corp. is
an internally-managed real estate investment trust that invests
primarily in residential mortgage-backed securities for which the
principal and interest payments are guaranteed by a U.S.
Government-sponsored enterprise or a U.S. Government agency. For
further information, please refer to www.AGNC.com.
CONTACT:
Investor Relations - (301) 968-9300
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SOURCE AGNC Investment Corp.