Company Overview - AGNC Investment is a mortgage real estate investment trust (REIT) that aims for favorable long-term stockholder returns with a substantial yield component [2] - The company has a strong track record of total return, boasting a 10% annualized return since its IPO in May 2008 through to year-end 2024 [4] Dividend Performance - AGNC Investment has paid 58 consecutive monthly dividends at the same level since 2020, which may seem appealing to income investors [7] - However, the dividend has not increased with inflation, leading to a decrease in purchasing power for investors [8] - The dividend record prior to 2020 shows a long downtrend, which could result in a negative experience for income-focused investors [9] Total Return Analysis - The positive total return is attributed to AGNC Investment paying out more in dividends than the decline in stock price, allowing for long-term capital growth through dividend reinvestment [10] - This perspective on total return may not align with the typical income investor's expectations of reliable income [10] Investment Considerations - While AGNC Investment is a respected mortgage REIT, it may not be suitable for investors seeking to rely on dividends for living expenses [11] - The static dividend over the years does not guarantee reliability for income generation [11]

Economic Outlook - Warning signs of a possible recession are emerging as the U.S. federal government plans to cut jobs and tariffs may trigger a trade war [1] - The Atlanta Federal Reserve's estimate for real GDP growth has shifted from over 2% growth to a 2.4% decline [1] AGNC Investment Overview - AGNC Investment is identified as a high-yielding dividend stock that could perform well in a recessionary environment [2] - AGNC operates as a mortgage real estate investment trust (REIT), generating income through the spread between mortgage yields and funding costs [3] Investment Strategy - AGNC typically uses leverage to enhance returns and employs hedges to stabilize short-term rates, which helps mitigate risks associated with rising funding costs [4] - As of the end of 2024, 98.6% of AGNC's portfolio was in agency-backed mortgage-backed securities (MBS), significantly reducing credit risk [5] Interest Rate Impact - A recession is likely to prompt the Federal Reserve to accelerate interest rate cuts, which could lower funding costs for AGNC and widen spreads [6][9] - AGNC's average net interest spread has decreased from 2.98% in Q1 2024 to 1.91% in Q4 2024, primarily due to reduced hedging income [7] Portfolio Valuation - Lower long-term interest rates are expected to increase the value of AGNC's portfolio, as MBS values are inversely related to interest rates [10] - AGNC's tangible book value (TBV) is projected to rise with falling mortgage rates, which could enhance stock price through higher valuation multiples [10] Dividend Performance - AGNC pays a monthly dividend of $0.12, yielding over 14%, and has maintained this dividend for nearly 60 months [11] - Management projects returns of 17% to 18.5% in the current environment, supporting confidence in sustaining the dividend [11] Conclusion - AGNC is positioned as a solid high-yield stock with moderate potential price upside, expected to perform well even in a recession [12]

BETHESDA, Md., March 13, 2025 /PRNewswire/ -- AGNC Investment Corp. (Nasdaq: AGNC) ("AGNC" or the "Company") announced today that its Board of Directors has declared cash dividends on the outstanding depositary shares1 of the following series of preferred stock for the first quarter 2025:  Series of Preferred Stock Ticker Per Annum Dividend Rate Dividend Per Depositary Share1 7.00% Series C Fixed-to-Floating Rate AGNCN 9.68019%2 $0.60501 6.875% Series D Fixed-to-Floating Rate AGNCM ...

BETHESDA, Md., March 13, 2025 /PRNewswire/ -- AGNC Investment Corp. (Nasdaq: AGNC) announced today that its Board of Directors has declared a cash dividend of $0.12 per share of common stock for March 2025. The dividend is payable on April 9, 2025 to common stockholders of record as of March 31, 2025.For further information or questions, please contact Investor Relations at (301) 968-9300 or [email protected].ABOUT AGNC INVESTMENT CORP.Founded in 2008, AGNC Investment Corp. (Nasdaq: AGNC) is a leading inves ...

Group 1 - Real Estate Investment Trusts (REITs) are designed to pass income to shareholders through significant dividend payments, avoiding corporate-level taxation by distributing at least 90% of taxable income [2][4] - REITs provide small investors access to income-producing assets like apartment buildings and malls, making them a viable option for income investors [3] - Not all REITs are equal; they can face challenges such as overexpansion and excessive debt, and there are different types, including property owners and mortgage REITs [4] Group 2 - AGNC Investment offers a high dividend yield of over 13%, while Realty Income has a lower yield of 5.5%, yet Realty Income is preferred for its consistent dividend growth [5][10] - AGNC Investment has experienced multiple dividend cuts, while Realty Income has increased its dividend for three decades, leading to a significant difference in per-share dividend payments over time [10][11] - Realty Income is characterized as an income stock focused on generating reliable and increasing dividends, while AGNC aims for total return through reinvestment of dividends, making it less suitable for long-term income investors [12][13][14]

AGNC Investment (AGNC -1.45%) hit its all-time high closing price of $11.74 per share on June 8, 2021. That was about 45 months ago. Shares are currently well below that price point at around $10.50 per share. This lower price point is why the real estate investment trust (REIT) offers such a monster dividend yield of 13.8%. Its payout is more than 10 times higher than the S&P 500's dividend yield of 1.3%. The mortgage REIT has been able to maintain its massive payout for the past 60 months in a row. That s ...

If you're looking for high-yield dividend stocks, I've got some good news. A couple of mortgage REITs offer eye-popping yields, and there's a chance they'll be able to maintain their payouts.Shares of AGNC Investment (AGNC 2.37%) and Annaly Capital (NLY 2.53%) offer an average yield of 13.2% at recent prices. That means an investment of just $7,580 is enough to set you up with $1,000 in annual dividend income.Before whipping out a brokerage application to buy these stocks, you should know that they are real ...

AGNC Investment (AGNC 2.37%) is not your typical real estate investment trust (REIT). It doesn't own physical properties, but rather invests in a portfolio of mortgage securities. That makes it more similar to a mutual fund than to a traditional REIT, and the difference has material implications for investors. If AGNC Investment's massive dividend, which currently yields 14.2%, looks tempting, there's one big factor you need to be aware of.What's a REIT worth?Technically, there isn't a big difference in the ...

Group 1 - The article discusses the investment strategy of focusing on dividend stocks, particularly those with high yield or extraordinary financial circumstances [1] - The leader of the investing group, The Dividend Dog Catcher, shares at least one new dividend stock idea each week, which is archived for future reference [1] - The article emphasizes the importance of community engagement by inviting readers to comment on their favorite or least favorite stock tickers for future reports [1] Group 2 - The article does not provide specific financial data or performance metrics related to any companies or industries [2]

Colorado Wealth Management is a REIT specialist who began his decades-long investment career in a family-owned realtor office before launching his own company and embracing his drive for deep-dive REIT analysis. He holds an MBA and has passed all 3 CFA exams. He focuses on Equity REITs, Mortgage REITs, and preferred shares. Scott Kennedy is a Certified Public Accountant and Certified in Financial Forensics. He is currently a partner at a national accounting firm.Analyst’s Disclosure: I/we have a beneficial ...