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American Capital Agency Corp's Series A Cumulative Redeemable Preferred Stock About To Put More Money In Your Pocket

On 9/29/15, American Capital Agency Corp's 8.000% Series A Cumulative Redeemable Preferred Stock (Symbol: AGNCP) will trade ex-dividend, for its quarterly dividend of $0.50, payable on 10/15/15. As a percentage of AGNCP's recent share price of $25.97, this dividend works out to approximately 1.93%, so look for shares of AGNCP to trade 1.93% lower - all else being equal - when AGNCP shares open for trading on 9/29/15. On an annualized basis, the current yield is approximately 7.76%, which compares to an average yield of 7.12% in the "Real Estate" preferred stock category, according to Preferred Stock Channel . The chart below shows the one year performance of AGNCP shares, versus AGNC:

Performance Comparison Chart

Below is a dividend history chart for AGNCP, showing historical dividends prior to the most recent $0.50 on American Capital Agency Corp's 8.000% Series A Cumulative Redeemable Preferred Stock:

AGNCP+Dividend+History+Chart

According to the ETF Finder at ETF Channel, American Capital Agency Corp (Symbol: AGNC) makes up 10.69% of the iShares Mortgage Real Estate Capped ETF ( REM ) which is trading lower by about 2.7% on the day Friday.

In Friday trading, American Capital Agency Corp's 8.000% Series A Cumulative Redeemable Preferred Stock (Symbol: AGNCP) is currently up about 0.7% on the day, while the common shares (Symbol: AGNC) are trading flat.

Click here to learn which S.A.F.E. dividend stocks also have preferred shares that should be on your radar screen »

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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