AGNCN Preferred Stock — AGNC Investment Corp 6.875% Series D Fixed-to-Floating Cumulative Redeemable Preferred

AGNC Investment Corp 6.875% Series D Fixed-to-Floating Cumulative Redeemable Preferred (AGNCN)

AGNCN is a Preferred Stock. its distribution rate is 9.03%, its trailing-12-month yield is 9.09%. Dividend Vision Distribution Safety Score™ is 90/100 (Safe). Total return is 116.6% over the past 9.1 years, 144.7 points behind SPY at 261.3%.

At the current 9.03% distribution rate, a $10,000 investment would generate approximately $903 per year, or about $225.75 per quarter if the next payment matches the last regular one.

AGNC Investment Corp. is a mortgage real estate investment trust that provides capital to the U.S. housing market by investing in residential mortgage-backed securities guaranteed by government-sponsored enterprises or federal agencies. This preferred share has a fixed-to-floating coupon structure, paying distributions quarterly at a high current rate. The security appeals to income-focused investors seeking regular quarterly payments from a government-backed mortgage portfolio.

AGNCN performance versus SPY

Price and return data through 2026-09-21.

Total return is 116.6% over the past 9.1 years, 144.7 points behind SPY at 261.3%. Over the past year its total return — price change plus distributions reinvested — is 9.9%. Its deepest 1-year drawdown was 2.7%.

AGNCN key facts

Distribution Safety Score™

90 · Safe

Safety-Adjusted Yield

8.13%

Issuer

AGNC Investment

Asset type

Preferred Stock

Asset class

Equity

Distribution rate

9.03%

Distribution frequency

Quarterly

Trailing yield

9.09%

5-year average yield

9.07

Last close

$25.82 (as of 2026-09-21)

Market cap

$8,854,167,552

Average volume

19129.0

Next dividend

$0.5856

Next ex-dividend date

10/01/2026 (as of 2026-10-01)

Next payment date

10/15/2026 (as of 2026-10-15)

Beta

1.303

Payout ratio

0.0321

Forward P/E

0.0

EPS

$-1.86

How Dividend Vision calculates yield and returns

Distribution rate (9.03%) is the latest regular payout annualized by the fund's stated frequency, divided by the last close. Issuers often publish this as “Distribution Rate” on the fact sheet. Trailing-12-month yield (9.09%) is the sum of distributions paid in the last 12 months, split-adjusted, divided by the last close. It lags a recent raise or cut. Total return uses split-adjusted close with distributions reinvested on the ex-dividend date (a modeling convention, not the cash-settlement date) from the first stored bar on or after inception through the latest bar, compared with the same window on the benchmark. That is the security's total return, not your personal gain/loss.

Distribution rate methodology · Distribution Safety Score methodology

Sources and review

Primary sources: AGNC Investment or company page; prices and distributions from Dividend Vision, derived from vendor EOD data.

Reviewed by Bert Sweet, CEO and Co-owner of Dividend Vision. Methodology: Distribution Safety Score.

AGNCN risks and drawbacks

Payments are quarterly, so cash flow is lumpy versus a monthly fund. Total return has trailed SPY over the available window. The deepest 1-year drawdown on record here is 2.7%.

Who may consider AGNCN — and who may not

AGNCN may suit someone looking for a high Distribution Safety Score. It is a weaker fit for investors who need monthly cash flow (AGNCN pays quarterly); investors whose main goal is matching SPY total return. This is educational context, not a recommendation to buy or sell.

Frequently asked questions

More securities from AGNC Investment.