American Capital Agency (AGNC) Dividend Cut Viewed as 'Derisking'

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American Capital Agency Corp. (AGNC) Lowers Quarterly Dividend 16% to $1.05; 16.6% Yield

June 18, 2013 5:07 PM EDT

American Capital Agency Corp. (NASDAQ: AGNC) declared a quarterly dividend of $1.05 per share, or $4.2 annualized. This is a 16% decrease from the prior dividend of $1.25.

The dividend will be payable on July 26, 2013, to stockholders of record on June 28, 2013, with an ex-dividend date of June 26,... More