American Capital Agency Corp 7.75% Series B Cumulative Redeemable Preferred Stock
By: Tim McPartland,
Date Issued 5/5/2014
Shares Issued 7,000,000 Over-allotment shares 1,050,000
S&P Rating NR Moodys Rating NR
Security Ticker Symbol AGNCB OTC Temporary Ticker AGNCL (trades starting 5/7/2014)
Market Traded ON NASDAQ
Dividend Payment Paid on the 15th of January, April, July and October beginning on 7/15/2014
Quarterly Dividend .484 Annual Dividend 1.9375
Securities may be redeemed, at the issuers option, as early as 5/08/2019 for a redemption price of $25/share plus accrued dividends
Dividend Payment Will NOT Be a Qualified Distributions. Preferential tax treatment IS NOT available on preferred shares of REITs
It should be noted that this issue is a ‘perpetual’ issue which means there is a possibility that it will never be redeemed.
Company Investor Relations Page for American Capital Agency
Below you can find the offering Prospectus and Final Pricing Document
