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Strategies & Market Trends : Bonds & Bond Funds

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From: Paul Kern12/19/2008 3:38:35 PM
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American Capital Agency Raises Qtrly Div To $1.20/Shr From $1/Shr >AGNC

Last update: 12/19/2008 3:16:03 PM
(MORE TO FOLLOW) Dow Jones Newswires (201-938-5400)
December 19, 2008 15:16 ET (20:16 GMT)

AGNC Declares $1.20 Fourth Quarter Dividend
Last update: 12/19/2008 3:15:00 PM

BETHESDA, Md., Dec 19, 2008 /PRNewswire-FirstCall via COMTEX/ -- American Capital Agency Corp. (AGNC) (the "Company") announced today that its Board of Directors has declared a cash dividend of $1.20 per share for the fourth quarter 2008. The dividend is payable on January 26, 2009 to common shareholders of record as of December 31, 2008, with an ex-dividend date of December 29, 2008.

"We are pleased to declare a fourth quarter 2008 dividend of $1.20 per share," commented Malon Wilkus, Chairman, President and CEO of AGNC. "Our focus on relative value has generated attractive returns for our shareholders, despite the continued volatility in the broader markets."
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