Both offer high dividend yields. Here's what you need to know before you buy.If you're looking for stocks that pay you to hold them, now is a great time to look at the telecommunications and specialty finance industries.Shares of Verizon (VZ -5.03%) offer an attention-getting 6.5% dividend yield at recent prices. AGNC Investment Corp. (AGNC -3.56%), a real estate investment trust (REIT) with a huge portfolio of mortgages, offers a giant 14.0% yield.If all you look at are dividend yields, AGNC seems like the ...

AGNC Investment Corp.’s (AGNC) third-quarter 2024 net spread and dollar roll income per common share (excluding estimated "catch-up" premium amortization benefit) of 43 cents missed the Zacks Consensus Estimate of 47 cents. Also, the bottom line declined from the 65 cents reported in the previous quarter.Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar.Adjusted net interest and dollar roll income of $420 million moved down 12.9% from the previous quarter.The company reported a third- ...

Financial Data and Key Metrics Changes - AGNC reported total comprehensive income of $0.63 per share for Q3 2024, with an economic return on tangible common equity of 9.3%, consisting of $0.36 in dividends and a $0.42 increase in tangible net book value, representing a 5% increase [11] - The tangible net book value per common share decreased by about 3% in October, approximately 3.5% after accounting for monthly dividend accrual [11] - Leverage decreased to 7.2 times tangible equity from 7.4 times in Q2 [11] Business Line Data and Key Metrics Changes - The average projected life CPR for the portfolio increased by 4% to 13.2%, while actual CPRs averaged 7.3%, up from 7.1% in Q2 [12] - Net spread and dollar roll income declined by $0.10 to $0.43 per common share, driven by a reduction in the net interest-rate spread, which narrowed by approximately 50 basis points to just above 220 basis points [12] Market Data and Key Metrics Changes - The yield curve ended the quarter with a positive slope for the first time in two years, with two-year and 10-year treasury yields declining significantly [6][14] - Agency MBS spreads remained in a relatively narrow trading range, which is favorable compared to the highly volatile spread environment during the Fed's aggressive tightening [7][15] Company Strategy and Development Direction - The company anticipates that Agency MBS spreads will remain in the current trading range, supported by balanced supply and demand dynamics [9] - AGNC is focusing on longer-term treasury-based hedges, reducing swap-based hedges, to better position for expected yield curve steepening [17] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism about the mortgage market outlook, citing improved economic conditions and a favorable monetary policy environment [10] - The company expects increased demand for high-quality fixed-income assets as the Fed reduces short-term interest rates [9] Other Important Information - AGNC issued $781 million of common equity through its at-the-market offering program, which contributed to book-value accretion [13] - The company added about $5 billion in Agency MBS during the third quarter, increasing its investment portfolio to $72.1 billion [16] Q&A Session Summary Question: Changes to hedges and curve steepening - Management confirmed that the shift towards longer-dated hedges positions the company better for curve steepening, with a hedge ratio reduced to 72% from 98% [20] Question: Core earnings and economic returns - Management indicated that core earnings should converge with economic returns, with expectations of a 17% return on equity [22] Question: Return expectations in Agency MBS - Management feels confident about the current dividend level, with expectations that Agency MBS spreads will remain stable [26] Question: Impact of recent market volatility - Management acknowledged a 3.5% decline in book value due to recent treasury rate increases but remains optimistic about the mortgage market outlook post-election [32][34] Question: Delta hedging and leverage management - Management plans to be more active in delta hedging but does not anticipate changes to leverage levels [35] Question: Prepayment environment and servicing capacity - Management noted that the prepayment response has been slower than during COVID, with current capacity not being an issue [48] Question: MBS spread sensitivity and performance - Management explained that MBS spread sensitivity is measured by shocking each coupon and assessing performance against a hedged benchmark [50][51] Question: Future coupon trends - Management expects an upward trend in average coupon rates as the portfolio reallocates towards higher coupons [56]

4 2 0 Q3 OCTOBER 22, 2024 THE PREMIER AGENCY RESIDENTIAL MORTGAGE REIT 2 STOCKHOLDER PRESENTATION © 2024 AGNC Investment Corp. All Rights Reserved. IMPORTANT NOTICES Safe harbor statement under the private securities litigation reform act of 1995 This presentation contains statements that, to the extent they are not recitations of historical fact, constitute "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995 (the "Reform Act"). All such forward-looking st ...

Happy mature family couple managing household budgetgettyIf there’s anything better than monthly dividends, well, we contrarians don’t want to know about it. Getting paid on the same schedule as our bills (monthly!), makes retirement planning easy.We still need enough yield, though, to get rid (and stay rid) of our day jobs. Our pile of savings is what it is at this point, so we look to larger dividends to do the heavy lifting for us.The S&P 500, needless to say, won’t cut it. First, the “SPY Principal Shar ...

AGNC Investment (AGNC) came out with quarterly earnings of $0.43 per share, missing the Zacks Consensus Estimate of $0.47 per share. This compares to earnings of $0.65 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of -8.51%. A quarter ago, it was expected that this real estate investment trust would post earnings of $0.53 per share when it actually produced earnings of $0.53, delivering no surprise. Over the last four quarters ...

Exhibit 99.1 FOR IMMEDIATE RELEASE October 21, 2024 CONTACT: Investors - (301) 968-9300 Media - (301) 968-9303 AGNC INVESTMENT CORP. ANNOUNCES THIRD QUARTER 2024 FINANCIAL RESULTS Bethesda, MD - October 21, 2024 - AGNC Investment Corp. ("AGNC" or the "Company") (Nasdaq: AGNC) today announced financial results for the quarter ended September 30, 2024. THIRD QUARTER 2024 FINANCIAL HIGHLIGHTS • $0.63 comprehensive income per common share, comprised of: ◦ $0.39 net income per common share ◦ $0.24 other comprehe ...

BETHESDA, Md., Oct. 21, 2024 /PRNewswire/ -- AGNC Investment Corp. ("AGNC" or the "Company") (Nasdaq: AGNC) today announced financial results for the quarter ended September 30, 2024. THIRD QUARTER 2024 FINANCIAL HIGHLIGHTS $0.63 comprehensive income per common share, comprised of: $0.39 net income per common share $0.24 other comprehensive income ("OCI") per common share on investments marked-to-market through OCI $0.43 net spread and dollar roll income per common share1 Excludes $(0.03) per common share o ...

Analyst Background - Sensor Unlimited is an economist with a PhD in financial economics and has been a quantitative modeler for the past decade, specializing in the mortgage market, commercial market, and banking industry [2] - The analyst writes about asset allocation and ETFs, particularly those related to the overall market, bonds, banking and financial sectors, and housing markets [2] Investment Group Features - Envision Early Retirement, led by Sensor Unlimited, offers proven solutions for generating high income and high growth with isolated risks through dynamic asset allocation [1] - The group provides two model portfolios: one for short-term survival/withdrawal and one for aggressive long-term growth [1] - Features include direct access via chat for idea discussions, monthly updates on all holdings, tax discussions, and ticker critiques by request [1] Previous Analysis on AGNC Investment Corp - The last analysis on AGNC Investment Corp (NASDAQ: AGNC) was published in April 2024, titled "AGNC Investment: I Expect Headwinds Ahead" [1] - The analysis suggested potential challenges ahead for AGNC Investment Corp [1]

If you like big yields, be careful you don't reach too far. Here are two yields worth the risk and one that isn't. If you are looking at high-yielding stocks while the S&P 500 Index (SNPINDEX: ^GSPC) is trading near alltime highs, as it is today, you'll likely be considering stocks with higher levels of risk. Simply put, the high yield is the compensation for the extra risk. As an income investor, you need to make sure you are shouldering risks that are worth taking. AGNC Investment (AGNC -0.29%) and its ne ...