American Capital Agency announces dividend of USD0.20 per share for March 2016.
M2 EQUITYBITES-March 11, 2016-American Capital Agency announces dividend of USD0.20 per share for March 2016
(C)2016 M2 COMMUNICATIONS http://www.m2.com
American Capital Agency Corp's (Nasdaq:AGNC) board of directors approved a common stock cash dividend of USD0.20 per share for March 2016, the company revealed on Thursday.
With an ex-dividend date of 29 March 2016, the dividend to stockholders of record as of 31 March 2016 will be paid on 8 April 2016.
Additionally, the company said that its estimated common stock net book value was USD21.73 per share as of 29 February 2016. This is the value per common share of the company's total estimated stockholders' equity after deducting the common stock dividend paid out on 8 March 2016, less the preferred stock liquidation preference, divided by the number of outstanding common shares at month end. This value is unaudited and has not been verified or reviewed by any third party.
Also, the company's current net book value may also be materially different from its estimated net book value as of 29 February 2016, besides, it said it is not obligated to update or revise this value.
A real estate investment trust, the company is externally managed and advised by American Capital AGNC Management LLC, an affiliate of American Capital Ltd (Nasdaq:ACAS). American Capital is a private equity firm and global asset manager that manages USD21bn of assets, including those under management by affiliated managers, with total assets under management (including levered assets) of USD73bn. Together with its affiliates, it operates out of seven offices in the US and Europe.
((Comments on this story may be sent to email@example.com))
|Printer friendly Cite/link Email Feedback|
|Publication:||M2 EquityBites (EQB)|
|Date:||Mar 11, 2016|
|Previous Article:||Salem Media declares distribution of USD0.0650 per share for Q1 2016.|
|Next Article:||Certain Deutsche closed-end funds announce distributions for March 2016.|