After the United States equity markets closed on Sept. 11, American Capital Agency Corp (AGNC) reported that it will maintain its quarterly dividend at $1.25 per share for the third quarter of 2012. The dividend is payable on October 26, 2012 to shareholders of record as of September 21, 2012, with an ex-dividend date of September 19, 2012, or next Wednesday.
Investors will be pleased to hear that the dividend was maintained, as dividend cuts have proliferated throughout the asset class over the last year. AGNC has maintained this rate for the last three quarters, after paying $1.40 for 10 consecutive quarters.
Investors will be pleased to hear that the dividend was maintained, as dividend cuts have proliferated throughout the asset class over the last year. AGNC has maintained this rate for the last three quarters, after paying $1.40 for 10 consecutive quarters.
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