Financial Performance - For 2025, AGNC generated total comprehensive income of $1.74 per diluted common share and an economic return of 22.7% on tangible common equity, compared to $0.84 and 13.2% in 2024 [172]. - Net income available to common stockholders reached $1,509 million in 2025, compared to $731 million in 2024, reflecting a significant increase of 105.0% [212]. - Comprehensive income available to common stockholders was $1,777 million in 2025, compared to $657 million in 2024, an increase of 170.5% [212]. - Economic interest income for fiscal year 2025 reached $4,097 million, a 28% increase from $3,198 million in 2024 [221]. - The total gain on investment securities for fiscal year 2025 was $2,472 million, a significant recovery from a loss of $1,147 million in fiscal year 2024 [245]. Investment Portfolio - The investment portfolio totaled $94.8 billion as of December 31, 2025, an increase of $21.5 billion for the year, with 30-year fixed-rate Agency RMBS and TBAs representing 95% of the portfolio [175]. - As of December 31, 2025, the investment portfolio totaled $94.8 billion, up from $73.3 billion in 2024, representing a growth of approximately 29% [190]. - The fair value of Agency RMBS increased to $81.1 billion in 2025 from $65.5 billion in 2024, reflecting a growth of about 24% [190]. - The total fixed rate Agency RMBS and TBA securities had a fair value of $90.5 billion in 2025, up from $74.0 billion in 2024, representing a growth of approximately 22% [190]. - The total investment securities, including TBA securities, had a fair value of $94.7 billion in 2025, up from $73.2 billion in 2024, marking an increase of approximately 29% [190]. Income and Expenses - Net spread and dollar roll income per diluted common share decreased to $1.50 in 2025 from $1.88 in 2024, primarily due to lower swap income [173]. - Economic interest expense for fiscal year 2025 was $2,276 million, significantly lower than $1,395 million in 2024, resulting in a cost of funds of 2.98% [232]. - The average net interest spread decreased to 1.92% in fiscal year 2025 from 2.42% in fiscal year 2024, reflecting an increase in average asset yield and aggregate cost of funds [241]. - Net interest income turned positive at $675 million in 2025, a substantial recovery from a net interest expense of $246 million in 2023 [212]. Market Conditions - The Federal Reserve's monetary policy shift toward lower short-term interest rates contributed to the positive performance of domestic fixed income asset classes [168]. - Looking ahead, net spread and dollar roll income are expected to benefit from lower funding costs and potential future rate cuts, despite higher hedging costs [180]. - The net supply of new Agency RMBS in 2026 is expected to be approximately $200 billion, with demand remaining robust from GSEs, banks, and other investors [170]. Securities and Rates - The weighted average coupon of the portfolio, excluding TBAs, increased to 5.19% as of December 31, 2025, compared to 5.03% in 2024 [176]. - The 30-Year Agency Current Coupon Yield decreased to 5.04% in 2025 from 5.83% in 2024, a decline of 79 basis points [186]. - The 30-Year Mortgage Rate also decreased to 6.16% in 2025 from 6.86% in 2024, a reduction of 70 basis points [186]. - The weighted average yield on investment securities (excluding TBA and forward settling securities) was 4.93% in 2025, compared to 4.77% in 2024, indicating an increase of 16 basis points [193]. Liquidity and Capital Management - AGNC's liquidity position at year-end was $7.6 billion in unencumbered cash and Agency RMBS, representing 64% of tangible equity [177]. - The company plans to maintain adequate liquidity and capital resources to fund operations and satisfy dividend distribution requirements, with primary sources including unencumbered cash and securities [248]. - Unencumbered assets totaled approximately $7.7 billion, or 65% of tangible equity, compared to $6.2 billion, or 67% of tangible equity, as of December 31, 2024 [262]. Employee and Corporate Governance - As of December 31, 2025, the workforce consisted of 54 full-time employees, with zero employee turnover over the past three years [40]. - 39% of employees were women and 31% were ethnically diverse as of December 31, 2025 [44]. - The company offers a 401(k) Savings Plan with Company matching contributions of 100% up to 6% of each employee's eligible compensation [46]. - The company was recertified as a Great Place to Work™ in 2023 based on employee feedback [41].

The S&P 500 currently has a rather pedestrian dividend yield of around 1.1%. That's near its record low. As a result, you'd only generate about $34 of annual passive income by investing $3,000 into an S&P 500 index fund. Several companies offer dividend yields well above the market average. That enables you to generate a lot more income from the same investment. For example, investing $3,000 into the following three ultra-high-yielding dividend stocks would produce hundreds of dollars in passive income eac ...

Core Insights - The primary focus of High Dividend Opportunities is to provide high-yield investments that can replace the income lost upon retirement, aiming for a yield of 8 to 10% to ensure consistent cash flow for living expenses without the need to sell shares [4][7][18]. Investment Strategy - The investment strategy emphasizes the importance of cash flow, with a portfolio designed to yield 8 to 10% annually, allowing for reinvestment and withdrawals to maintain income levels [7][20]. - The company has shifted focus towards fixed income opportunities, particularly preferred equities and bonds, as interest rates have risen, making these investments more attractive [21][24]. - A diversified portfolio is maintained, with no more than 2 to 3% allocated to any single investment to mitigate risks associated with dividend cuts [17][58]. Market Context - The current market environment has seen a rotation towards value investments, with a focus on tangible assets such as real estate and energy, which are expected to benefit from lower interest rates in the future [43][46][48]. - The company has observed that many dividend-paying stocks have seen price declines due to rising interest rates, but the focus remains on the cash flow generated by these investments rather than short-term price fluctuations [76][79]. Portfolio Composition - The portfolio is divided into four parts: two equity-focused (core one with closed-end funds and core two with individual high cash flow stocks) and two fixed income-focused (maturity ladder and preferred equity) [29][32][34]. - Closed-end funds (CEFs) are favored over ETFs due to their ability to trade at discounts during market downturns, providing opportunities for higher total returns [35][39]. Risk Management - The company emphasizes the importance of understanding the sustainability of dividends, particularly in sectors like REITs, where income can be variable due to regulatory requirements [26][27]. - Recent experiences with unexpected dividend cuts, such as Oxford Lane Capital's 50% reduction, highlight the need for ongoing assessment of company strategies and cash flow sustainability [60][62]. Educational Focus - High Dividend Opportunities places a strong emphasis on educating investors about the rationale behind investment choices and the importance of tracking cash flow, rather than solely focusing on share price [49][104]. - The company aims to empower investors to construct their own plans and understand the dynamics of dividend investing, fostering a community for ongoing discussion and support [69][106].

Core Viewpoint - AGNC Investment Corp. is a real estate investment trust specializing in Agency residential mortgage-backed securities, employing a leveraged investment strategy and dynamic risk management to mitigate interest rate and market risks [1][5]. Group 1: Company Overview - AGNC focuses on Agency residential mortgage-backed securities, which are backed by guarantees from entities like Fannie Mae, Freddie Mac, or Ginnie Mae [1][5]. - The company has a market capitalization of approximately $12.14 billion and a trading volume of 15.5 million shares [4]. Group 2: Financial Performance - AGNC has maintained a high dividend yield, consistently above 10%, although the dividend has shown volatility and a downward trend over the past decade [3]. - The company recently declared a monthly cash dividend of $0.12 per share for February 2026, payable on March 10, 2026, to stockholders on record as of February 27, 2026 [3][5]. - AGNC boasts a 97% dividend coverage and zero credit risk, with a current yield of 12.6% [4]. Group 3: Stock Performance - The stock price of AGNC is currently at $11.32, with a slight increase of 0.01, or 0.088%, for the day, having seen a low of $11.26 and a high of $11.38 [2]. - Over the past year, the stock has reached a high of $12.19 and a low of $7.85 [4]. - The company has outperformed the S&P 500 since its IPO in May 2008 [3].

Core Viewpoint - The article promotes a platform called "The Dividend Dogcatcher," which offers insights into dividend stocks and investment opportunities through a live video series and community engagement [1]. Group 1 - The platform provides a free two-week trial for new subscribers, allowing potential investors to explore its offerings [1]. - A live video series, "Underdog Daily Dividend Show," is hosted by Fredrik Arnold, focusing on portfolio candidates [1]. - The article encourages community interaction by inviting comments on favorite or curious stock tickers for future reports [1].

AGNC Investment's (NASDAQ: AGNC) dividend yield has been above 10% for most of its existence. That, however, doesn't mean it is a reliable dividend stock. In fact, it has been exactly the opposite, given the volatility of the dividend over time and the long downward trend in the dividend over the past decade or so. If you are attracted to AGNC Investment's huge 12.6% yield, thinking that you have found a reliable passive income stock, you'll likely be better off with Realty Income (NYSE: O) and its more m ...

Core Insights - The article compares the performance and characteristics of AGNC Investment Corp. and Starwood Property Trust, highlighting their fundamentally different business models in the mREIT sector [1]. Group 1: Company Analysis - AGNC Investment Corp. is positioned as a key player in the mREIT market, with a focus on maximizing returns through a combination of economic knowledge and investment analysis [1]. - Starwood Property Trust operates under a different business model, which is not detailed in the provided text but is implied to contrast with AGNC's approach [1]. Group 2: Investment Strategy - The analysis aims to provide actionable investment ideas to build a balanced portfolio of U.S. securities, emphasizing the importance of macro-economic analysis and real-world trading experience [1]. - The goal is to identify profitable and undervalued investment opportunities primarily within the U.S. market, aiming for a high-yield, balanced portfolio [1].

Core Viewpoint - The article compares the performance and characteristics of AGNC Investment Corp. and Starwood Property Trust, highlighting their fundamentally different business models within the mREIT sector [1]. Group 1: Company Analysis - AGNC Investment Corp. is positioned as a long-term investment opportunity, with a beneficial long position indicated by the analyst [2]. - Starwood Property Trust operates under a different business model, which may present unique investment characteristics compared to AGNC [1]. Group 2: Investment Strategy - The analysis aims to provide actionable investment ideas to build a balanced portfolio of U.S. securities, leveraging macro-economic analysis and trading experience [1]. - The goal is to identify profitable and undervalued investment opportunities primarily in the U.S. market, focusing on high-yield potential [1].

Core Viewpoint - AGNC Investment has shown strong performance in 2026, with shares up over 5% year to date, and offers a high dividend yield of 12.7%, significantly above the S&P 500's yield of approximately 1.2% [1]. Company Overview - AGNC Investment is a mortgage REIT that focuses exclusively on investing in Agency MBS (residential mortgage-backed securities protected by government agencies against credit risk) [5]. - The company has maintained its monthly dividend payment for over five consecutive years, demonstrating stability despite interest rate volatility [4]. Dividend Analysis - The current monthly dividend yield allows a $500 investment to generate $5.28 in monthly income, equating to an annualized income of $63.40, which is higher than most other assets available [3]. - Although the current yield is lower than the previous year's average of over 14%, it remains attractive compared to alternatives with similar risk profiles [6]. Investment Environment - The current environment for Agency MBS investments is strong, which supports AGNC Investment's ability to generate returns sufficient to cover its cost of capital, including operating costs and dividend payments [5]. - The company possesses a strong liquidity position, enabling it to fund new investments effectively [5]. Investment Consideration - For investors seeking a lucrative stream of monthly dividend income, now may be a good time to invest in AGNC Investment, despite the recent rally in share price [6]. - However, for those looking for higher total return potential, the recent price increase may suggest that it is not the optimal time to invest [6].

Core Insights - The focus is on high-yield investments, particularly companies that distribute a significant portion of their earnings to investors [1] Group 1: Investment Strategy - The service aims for a targeted safe yield of over 9% through sustainable income from various high-yield investments [1] - Features include a model portfolio with buy/sell alerts, preferred and baby bond portfolios for conservative investors, and regular market updates [1] Group 2: Community and Education - The philosophy emphasizes community and education, advocating that investors should not invest alone [1]