American Capital Agency (AGNC)
by Zacks Equity ResearchJune 12, 2012 | Comments : 0 Recommended this article: (0)
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American Capital Agency is also among a selected group of companies that have increased their dividend during the economic crisis. The company paid a total of $1.5 billion in dividends or $20.11 per share since its initial public offering in May 2008.
Our long-term Outperform recommendation on the stock indicates that it would perform well above the broader market. Our target price of $39.00, 6.0X 2012 EPS, reflects this view.
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