Print Page     Close Window     

SEC Filings

10-K
AGNC INVESTMENT CORP. filed this Form 10-K on 02/23/2012
Entire Document
 



PART II

Item 5. Market for Registrant's Common Equity, Related Stockholder Matters and Issuer Purchases of Equity Securities.
 
Quarterly Stock Prices and Dividend Declarations
 
Our common stock is listed on The NASDAQ Global Select Market under the symbol “AGNC”. As of January 31, 2012, we had 750 stockholders of record. Most of the shares of our common stock are held by brokers and other institutions on behalf of stockholders.
 
The following table sets forth the range of high and low sales prices of our common stock as reported on The NASDAQ Global Select Market and our dividends declared for fiscal years 2011 and 2010.
 
 
Sales Prices
 
Dividends Declared 
 
High 
Low
 
2011
 
 
 
 
Fourth Quarter
$29.21
$22.84
 
$1.40
Third Quarter
$30.34
$22.03
 
$1.40
Second Quarter
$30.76
$27.70
 
$1.40
First Quarter
$30.68
$28.02
 
$1.40
2010
 
 
 
 
Fourth Quarter
$29.99
$26.60
 
$1.40
Third Quarter
$30.09
$25.37
 
$1.40
Second Quarter
$29.02
$24.06
 
$1.40
First Quarter
$28.49
$23.61
 
$1.40
 
We intend to pay quarterly dividends and to distribute to our stockholders all of our annual taxable income in a timely manner. This will enable us to qualify for the tax benefits accorded to a REIT under the Internal Revenue Code. We have not established a minimum dividend payment level and our ability to pay dividends may be adversely affected for the reasons described under the caption “Risk Factors.” All distributions will be made at the discretion of our Board of Directors and will depend on our earnings, our financial condition, maintenance of our REIT status and such other factors as our Board of Directors may deem relevant from time to time.
 
The following table summarizes dividends declared for fiscal years 2011 and 2010 and their related tax characterization (in thousands, except per share amounts):
 
 
 
 
 
 
Tax Characterization of Dividends
Dividends Declared
 
Dividends Declared Per Share
 
Dividends Declared
 
Ordinary Income Per Share
 
Long-Term Capital Gains Per Share
Fiscal year 2011
 
$
5.60

 
$
886,518

 
$
5.33

 
$
0.27

Fiscal year 2010
 
$
5.60

 
$
229,940

 
$
4.93

 
$
0.67



Our stock transfer agent and registrar is Computershare Investor Services. Requests for information from Computershare can be sent to Computershare Investor Services, P.O. Box 43078, Providence, RI 02940-3078 and their telephone number is 1-800-733-5001.
 
Equity Compensation Plan Information
 
We have adopted a long term stock incentive plan, or Incentive Plan, to provide for the issuance of equity-based awards, including stock options, restricted stock units and unrestricted stock awards to our independent directors.
 
The following table provides information as of December 31, 2011 concerning shares of our common stock authorized for issuance under our existing Incentive Plan.

36


© AGNC Investment Corp All Rights Reserved