BETHESDA, Md., Sept. 14, 2016 /PRNewswire/ -- American Capital
Agency Corp. (Nasdaq: AGNC) ("AGNC" or the "Company") announced
today that its Board of Directors has declared a cash dividend of
$0.18 per share of common stock for
September 2016. The dividend is payable on October 7, 2016 to common stockholders of record
as of September 30, 2016, with an
ex-dividend date of September 28,
2016.
The Company also announced today its estimated net book value of
$22.71 per common share, and
estimated net tangible book value of $21.01 per common share, as of August 31, 2016. The estimated net book
value of $22.71 includes deductions
for the Company's August 2016
dividend of $0.18 per common share,
which was declared on July 27, 2016
with an August 31, 2016 record
date. The Company's estimated net tangible book value of
$21.01 per common share excludes
estimates of intangible assets recognized by the Company in
connection with the acquisition of American Capital Mortgage
Management, LLC and the internalization of the Company's management
on July 1, 2016, and includes
deductions for the Company's August
2016 common stock dividends.
The estimated net book value and estimated net tangible book
value are unaudited and have not been verified or reviewed by any
third party. The Company's current estimates may also be
materially different from its estimates as of August 31, 2016. The Company undertakes no
obligation to update or revise its estimates of net book value and
net tangible book value.
For further information or questions, please contact Investor
Relations at (301) 968-9300 or
IR@AGNC.com.
ABOUT AMERICAN CAPITAL AGENCY CORP.
American Capital
Agency Corp. is a real estate investment trust that invests
primarily in agency pass-through securities and collateralized
mortgage obligations for which the principal and interest payments
are guaranteed by a U.S. Government agency or a U.S.
Government-sponsored entity. The Company is no longer
affiliated with American Capital, Ltd. For further
information, please refer to www.AGNC.com.
FORWARD-LOOKING STATEMENTS
This press release contains forward-looking statements.
Forward-looking statements are based on estimates, projections,
beliefs and assumptions of management of the Company at the time of
such statements and are not guarantees of future performance.
Forward-looking statements involve risks and uncertainties in
predicting future results and conditions. Actual results
could differ materially from those projected in these
forward-looking statements due to a variety of important factors,
including, without limitation, changes in interest rates, changes
in the yield curve, changes in prepayment rates, the availability
and terms of financing, changes in the market value of the
Company's assets, general economic conditions, market conditions,
conditions in the market for agency securities, and legislative and
regulatory changes that could adversely affect the business of the
Company. Certain factors that could cause actual results to
differ materially from those contained in the forward-looking
statements, are included in the Company's periodic reports filed
with the Securities and Exchange Commission ("SEC"). Copies
are available on the SEC's website, www.sec.gov. The Company
disclaims any obligation to update or revise any forward-looking
statements based on the occurrence of future events, the receipt or
new information, or otherwise.
CONTACT:
Investors Relations - (301)
968-9300
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SOURCE American Capital Agency Corp.