On 3/28/14, American Capital Agency Corp's 8.000% Series A Cumulative Redeemable Preferred Stock (AGNCP) will trade ex-dividend, for its quarterly dividend of $0.50, payable on 4/15/14. As a percentage of AGNCP's recent share price of $26.60, this dividend works out to approximately 1.88%, so look for shares of AGNCP to trade 1.88% lower — all else being equal — when AGNCP shares open for trading on 3/28/14. On an annualized basis, the current yield is approximately 7.51%, which compares to an average yield of 7.31% in the "Real Estate" preferred stock category, according to Preferred Stock Channel.
American Capital Agency Corp's Series A Cumulative Redeemable Preferred Stock Goes Ex-Dividend Soon
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