Stock Taper
AGNC Investment Corp., a mortgage REIT, issued $300 million of depositary shares representing 1/1,000th of its 8.75% Series H preferred stock, with underwriters holding a 30-day overallotment option.

AGNC Investment Corp. offers preferred stock with an 8.75% fixed cumulative dividend, providing a high-yield income opportunity backed by a leading mortgage REIT investing in agency residential mortgage-backed securities.
AGNC Investment Corp. priced a public offering of 12,000,000 depositary shares, representing its 8.75% Series H Fixed-Rate Cumulative Redeemable Preferred Stock (AGNCZ), for gross proceeds of $300 million. Noted as the largest mortgage REIT preferred stock offering since 2021, this capital raise was a significant financial event for the company, aimed at financing the acquisition of mortgage-backed securities and other real estate-related assets.
AGNC Investment Corp. executed a significant capital raise by issuing 12,000,000 depositary shares of its 8.75% Series H Fixed-Rate Cumulative Redeemable Preferred Stock. This strategic financing provides the company with substantial new capital to deploy into its investment strategies.
Overall rating: B
| PEER | PRICE | |
|---|---|---|
STT | $175.63 | COMPARE |
ARES | $118.23 | COMPARE |
TROW | $103.74 | COMPARE |
TPG | $45.09 | COMPARE |
CRBG | $35.00 | COMPARE |
OWL | $9.04 | COMPARE |
CG | $39.16 | COMPARE |
NLY | $17.92 | COMPARE |