AGNCO AGNC Investment Corp. ADRs of 6.5% Series E Fixed-to-Floating Cumulative Redeemable Preferred

We will pay quarterly cumulative dividends on the Series E Preferred Stock, in arrears, when and as declared, on the 15th day of each January, April, July and October, beginning on January 15, 2020 (provided that if any dividend payment date is not a business day, then the dividend which would otherwise have been payable on that dividend payment date (as defined herein) may be paid on the next succeeding business day) (i) from, and including, the date of original issuance to, but excluding, October 15, 2024, at a fixed rate equal to 6.50% and (ii) from and including October 15, 2024, at a floating rate equal to three-month LIBOR plus a spread of 4.993% per annum of the $25,000 liquidation preference per share of the Series E Preferred Stock per annum. Generally, the Series E Preferred Stock will not be redeemable before October 15, 2024, except under circumstances intended to preserve our qualification as a real estate investment trust, or REIT, for federal income tax purposes and except as described below upon the occurrence of a Change of Control (as defined herein). On or after October 15, 2024, we may, at our option, redeem any or all of the shares of the Series E Preferred Stock at $25.00 per depositary share plus any accumulated and unpaid dividends to, but not including, the redemption date. In addition, upon the occurrence of a Change of Control, we may, at our option, redeem any or all of the shares of Series E Preferred Stock within 120 days after the first date on which such Change of Control occurred at $25.00 per depositary share plus any accumulated and unpaid dividends to, but not including, the redemption date.  This security was issued by AGNC Investment Corp, whose common stock symbol is AGNC.

$25.74  +0.14 (0.55%)
As of 10/27/2021 11:55:40 EST     IEX book   CBOE book


Security Information
Category1:  US Equity
Category2:  Preferred stocks
Category3:  Non-convertible
GICS sector:  Financials
Industry:  REIT—Mortgage
Index country:  USA
Country of incorporation:  USA
IPO date:  10/04/2019
Outstanding shares:  14,000,000
Average volume:  45,702
Market cap:   $354,480,000
Current dividend yield:  6.42%    calculation
Initial coupon rate:    6.500%
Spread to LIBOR: 0.049930
Cumulative:    Yes
Liquidation value:   $25.00
Callable after:   10/15/2024
Maturity date:    n/a - perpetual
Prospectus:    Read on SEC.gov
All SEC filings:     SEC Edgar Online
Quarterly filings:   10-Q
Annual filings:      10-K
CUSIP:    00123Q807
ISIN:        US00123Q8078
Sedol:      BK71BY6

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