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AGNC Investment Corp. Declares First Quarter Dividends on Preferred Stock

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BETHESDA, Md., March 11, 2021 /PRNewswire/ -- AGNC Investment Corp. (NASDAQ:AGNC) ("AGNC" or the "Company") announced today that its Board of Directors has declared cash dividends for the first 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

April 15, 2021

April 1, 2021

D

AGNCM

  6.875%(3)

$0.4296875

April 15, 2021

April 1, 2021

E

AGNCO

  6.50%(4)

$0.40625

April 15, 2021

April 1, 2021

F

AGNCP

  6.125%(5)

$0.3828125

April 15, 2021

April 1, 2021


(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

Cision View original content:http://www.prnewswire.com/news-releases/agnc-investment-corp-declares-first-quarter-dividends-on-preferred-stock-301246036.html

SOURCE AGNC Investment Corp.

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