Core Insights - The article provides a detailed analysis comparing Rithm Capital Corp. (RITM) to 17 other mortgage real estate investment trusts (mREITs) to address ongoing requests for such comparisons [1][2] - The analysis is divided into two parts, with Part 1 focusing on RITM's recent results and metrics, while Part 2 emphasizes dividend rates, yield percentages, and sustainability metrics [2][3] Group 1: RITM's Financial Metrics - RITM's book value as of September 30, 2025, is compared to its 17 mREIT peers, providing insights into its financial standing [2] - RITM declared a dividend of $0.25 per common share for Q3 2025, maintaining the same rate as the previous quarter, resulting in a trailing twelve-month (TTM) dividend yield of 8.26% [16][27] - The annual forward yield based on RITM's stock price as of September 19, 2025, is also 8.26%, while the yield based on the company's book value is 7.79% [16] Group 2: Dividend Sustainability Analysis - The article discusses RITM's dividend sustainability, indicating a very high probability (90%) of maintaining a dividend between $0.25 and $0.30 per share for Q1 and Q2 2026 [29] - RITM's quarterly core earnings available to common shareholders for Q3 2025 were reported at $296.9 million, translating to a core earnings per share of $0.54, which is above the dividend rate [23][21] - The dividend distribution payout ratios for RITM have been attractive, with ratios of 48%, 46%, and 47% for Q1, Q2, and Q3 2025, respectively [23] Group 3: Comparative Analysis with Peers - RITM's TTM dividend yield and annual forward yield percentages are notably below average when compared to its peer PMT, indicating a lower risk profile [16][27] - The article emphasizes that RITM has maintained a consistent dividend history, increasing its dividend from $0.35 in Q3 2014 to $0.25 since Q3 2021, contrasting with many peers that have reduced dividends [15][13] - The analysis includes a comparison of RITM's leverage ratio, which is lower than that of PMT, suggesting a more conservative approach to risk management [17] Group 4: Future Projections and Recommendations - The projected adjusted core earnings for Q4 2025 are expected to improve compared to Q3 2025, indicating a positive outlook for RITM's financial performance [30] - The current price target for RITM is approximately $14.60 per share, with recommendations varying from SELL at a premium to BUY at a discount to the projected book value [34][32] - The article concludes that RITM is currently undervalued, with a strong buy recommendation based on its financial metrics and market conditions [33]

Core Insights - The S&P 500's dividend yield is at a historic low of approximately 1.2%, while several stocks offer significantly higher yields, including those in the double digits [1] AGNC Investment - AGNC Investment currently yields 13.6%, over 10 times higher than the S&P 500 [3] - The REIT invests in residential mortgage-backed securities (MBS) guaranteed against credit losses by government agencies, generating low-risk, fixed-income returns [3] - AGNC's return on equity is in the mid-to-high teens, aligning with its cost of capital, allowing it to maintain its monthly dividend since early 2020 [4] Delek Logistics Partners - Delek Logistics Partners has a current yield of 10.1% and operates as a master limited partnership (MLP) with a portfolio of energy midstream assets [6] - The MLP expects to generate cash flow sufficient to cover its dividend payout by 1.3 times this year, providing a cushion for operational investments [8] - Delek Logistics has increased its distribution for 51 consecutive quarters, indicating strong financial flexibility for future growth [9] Ares Capital Corporation - Ares Capital Corporation offers a dividend yield of 9.6% and invests in private companies through debt and equity [10] - The company has maintained a stable or increasing dividend rate for over 16 years, with a cumulative net realized loss of 0% since inception [12] - Ares Capital raised over $1 billion in fresh capital in Q3, enabling new investments and supporting its dividend payments [13] Summary of High-Yield Stocks - AGNC Investment, Delek Logistics Partners, and Ares Capital Corporation provide substantial yields and have solid records of maintaining or increasing their dividends, appealing to risk-tolerant investors seeking income [14]

Group 1 - The article discusses popular retirement strategies, including the 4% rule and the use of annuities for funding retirement [1] - Rida Morwa, a former investment and commercial banker with over 35 years of experience, leads the Investing Group High Dividend Opportunities, focusing on high-yield investment strategies [1] - The service aims for a targeted safe yield of +9% through various high-yield investments, offering features like model portfolios, buy/sell alerts, and regular market updates [1] Group 2 - The article emphasizes the importance of community and education in investing, suggesting that individuals should not invest alone [1] - It highlights the active monitoring of positions and the issuance of buy and sell alerts exclusively for members [3]

Core Viewpoint - AGNC Investment is set to report its earnings, with expectations of stable EPS and significant revenue growth compared to the previous year [2][3]. Group 1: Stock Performance - AGNC Investment closed at $10.44, reflecting a gain of 1.06% from the previous trading session, outperforming the S&P 500, which fell by 1.16% [1]. - Over the past month, AGNC's stock has increased by 2.18%, which is below the Finance sector's gain of 2.68% but above the S&P 500's gain of 1.03% [1]. Group 2: Earnings Expectations - The upcoming earnings report is anticipated to show an EPS of $0.37, unchanged from the same quarter last year, with a projected quarterly revenue of $323.59 million, representing an increase of 181.38% year-over-year [2]. - For the entire fiscal year, earnings are projected at $1.53 per share, reflecting a decrease of 18.62%, while revenue is expected to reach $792.59 million, indicating a substantial increase of 4303.25% from the prior year [3]. Group 3: Analyst Estimates and Rankings - Recent modifications to analyst estimates for AGNC Investment are crucial, as they reflect near-term business trends and can indicate analysts' favorable outlook on the company's health and profitability [4]. - The Zacks Rank system currently rates AGNC Investment at 4 (Sell), with a Forward P/E ratio of 6.75, which is lower than the industry average Forward P/E of 8.09 [6]. - The REIT and Equity Trust industry, part of the Finance sector, holds a Zacks Industry Rank of 95, placing it in the top 39% of over 250 industries, suggesting strong performance potential [7].

Core Viewpoint - AGNC Investment has a high dividend yield of 14%, but this may mislead investors regarding its long-term viability as a reliable income source [1][12]. Company Overview - AGNC Investment operates as a mortgage real estate investment trust (mREIT), focusing on managing a portfolio of mortgage securities rather than physical properties [5][6]. - The company's primary objective is to generate higher returns from mortgage securities through interest payments, while managing operational costs [6][8]. Dividend Analysis - AGNC's dividend yield is substantial, but the dividend has been highly volatile and trending lower over the years, which raises concerns for dividend-focused investors [11][12]. - The stock price has also followed a downward trend alongside the dividend, indicating potential issues for investors relying on consistent income [11][12]. Investment Perspective - While AGNC aims for total return, which includes reinvestment of dividends, it may not be suitable for investors seeking stable and growing dividends [8][12]. - Investors should approach AGNC with an understanding of its complexities and the nature of its returns, rather than viewing it solely as a dividend stock [6][13].

Core Viewpoint - AGNC Investment Corp. has appointed Christine Hurtsellers as an independent director, enhancing the Board's expertise in financial services and risk management [1][2]. Group 1: Board Appointment - Christine Hurtsellers was elected to AGNC's Board of Directors effective December 9, 2025, bringing the total number of board members to nine, including seven independent directors [1]. - Gary Kain, Executive Chair of AGNC's Board, expressed confidence in Hurtsellers' leadership and expertise, anticipating her valuable contributions to the company [2]. Group 2: Background of Christine Hurtsellers - Hurtsellers has extensive experience in the financial services industry, having served as CEO and Chief Investment Officer at Voya Investment Management, which manages over $360 billion in assets [2]. - Her previous roles include Chief Investment Officer for Fixed Income at Voya and senior positions at ING Investment Management, Freddie Mac, and AllianceBernstein [2]. - She holds a BA in Finance from Indiana University Kelley School of Business and is a Chartered Financial Analyst (CFA) [2]. Group 3: Company Overview - AGNC Investment Corp., founded in 2008, specializes in investing in Agency residential mortgage-backed securities (Agency MBS), which are backed by guarantees from Fannie Mae, Freddie Mac, or Ginnie Mae [3]. - The company employs leveraged financing through repurchase agreements and dynamic risk management strategies to mitigate interest rate and market risks [3]. - AGNC has a history of providing substantial monthly dividend income, having paid over $15 billion in common stock dividends since its inception [4].

Core Viewpoint - The analysis indicates that among the seven agency mortgage REITs, three (AGNC, NLY, and DX) are significantly outperforming the other four (CHMI, ORC, TWO, and ARR), suggesting a potential investment strategy of going long on the top three while shorting the weaker ones [1][4]. Group 1: Investment Strategy - Investors are advised to focus on the top three REITs for long-term positions, while also considering trading opportunities within the sector [3]. - Pair trading strategies may be beneficial, but require a solid understanding of risk management when shorting high-yield shares [4]. Group 2: Performance Comparison - A detailed comparison of the Total Economic Return (TER) for each of the seven agency mortgage REITs is available, highlighting the performance differences [5]. - The weaker REITs have shown inconsistent performance, with some instances of recovery, but generally lag behind the stronger REITs [4]. Group 3: Valuation Insights - AGNC's estimated book value is approximately $8.55, with a current share price of $10.34, resulting in a price-to-book ratio of about 1.21x, which is considered high [6]. - Historical trends indicate that book value has generally trended down over the past 11 years, with a significant recovery post-pandemic, but current market pricing suggests an expectation of further increases in book value that may not be justified [12][9]. Group 4: Specific REIT Analysis - ARR has experienced significant declines in book value, dropping from an adjusted value of about $55.50 to approximately $17.49 since Q1 2020, despite paying out substantial dividends [16]. - The performance of ARR has been particularly poor, with reverse splits indicating severe financial distress, yet there are preferred shares that may still present investment opportunities [15][16].

Core Viewpoint - The Global X SuperDividend ETF (SDIV) offers a high dividend yield of 9.7%, significantly higher than other ETFs, but faces sustainability issues due to its reliance on mortgage REITs and high payout ratios [3][4][5]. Group 1: Dividend Yield Comparison - SDIV's yield of 9.7% is more than triple the 2.5% yield from the Vanguard High Dividend Yield ETF (VYM) and over double the 3.7% yield from the Schwab U.S. Dividend Equity ETF (SCHD) [3]. - The fund tracks 100 of the highest-yielding equities globally, with a focus on mortgage REITs, Brazilian companies, and emerging markets [3]. Group 2: Fund Structure and Performance - SDIV has a 0.58% expense ratio, which is nearly ten times higher than that of VYM and SCHD, indicating higher costs associated with managing the fund [4]. - The fund's portfolio turnover rate is 93%, suggesting frequent trading that may negatively impact returns [4]. Group 3: Dividend Sustainability Concerns - The monthly dividend has decreased from $0.255 in early 2023 to $0.19, marking a 25% reduction, which highlights structural challenges within the fund [4]. - Key holdings in SDIV, particularly mortgage REITs, exhibit unsustainable payout ratios, such as Annaly Capital Management with a 122% payout ratio and AGNC Investment with a 215% payout ratio [5][6]. - The reliance on high leverage and sensitivity to interest rate fluctuations makes mortgage REITs vulnerable, as their book values can decline rapidly [6]. Group 4: Comparison with Other Investment Options - The high yield of SDIV is primarily driven by mortgage REITs with payout ratios exceeding 200%, which raises concerns about the sustainability of these dividends [7]. - In contrast, the JPMorgan Equity Premium Income ETF (JEPI) offers a more sustainable yield of 8.2% through covered calls on quality U.S. stocks, with payout ratios like Broadcom's at 61% [7].

Core Insights - The JPMorgan Equity Premium Income ETF (JEPI) is popular for its substantial yield, while the Invesco KBW High Dividend Yield Financial ETF (KBWD) offers an even higher yield by focusing on financial sector dividend payers [1][2] - Investors should analyze KBWD's concentrated holdings and expense structure before investing [1] Group 1: Fund Characteristics - KBWD generates income through dividend distributions from its holdings, unlike JEPI, which uses options strategies [2] - The fund has a concentrated focus on financial sector equities, particularly mortgage REITs and business development companies, which presents both opportunities and risks [2][8] Group 2: Top Holdings and Performance - ARMOUR Residential REIT (ARR) declared a $0.24 monthly dividend, with a book value of $19.02 per share, reporting $194.5 million in revenue and $159.3 million in net income for Q3 2025 [3] - AGNC Investment Corp (AGNC) announced a $0.36 quarterly dividend, yielding 13.70% annually, with a $90.8 billion agency MBS portfolio and $903 million in revenue for Q3 [4] - Annaly Capital Management (NLY) paid a $0.70 per share dividend, managing a $97.8 billion portfolio and reporting $1.79 billion in revenue for Q3 [5] Group 3: Risk Factors - Mortgage REITs operate with significant leverage, making them sensitive to interest rate movements and yield curve dynamics [6] - KBWD's concentration in financial sector holdings exposes investors to interest rate sensitivity and leverage risks [8][11] Group 4: Alternative Options - The JPMorgan Nasdaq Equity Premium Income ETF (JEPQ) offers a diversified alternative by employing a covered call strategy on Nasdaq-100 stocks, generating income through option premiums [12]

Core Viewpoint - AGNC Investment is considered an unreliable dividend payer despite its high yield of 13.7%, while W.P. Carey, despite a recent dividend cut, is viewed as a more stable option for dividend investors with a yield of 5.5% [1][2][15]. Group 1: AGNC Investment - AGNC Investment is a mortgage real estate investment trust (mREIT) known for offering extremely high yields, currently at 13.7% [6][7]. - The company's dividend payouts have been highly volatile over time, with a trend of decreasing payouts in recent years, making it less reliable for income generation [9][15]. - The nature of mREITs involves managing a portfolio of mortgage-backed securities, which adds complexity and risk to dividend stability [7][10]. Group 2: W.P. Carey - W.P. Carey cut its dividend in 2023 after nearly 25 years of consecutive annual increases, a decision made to strategically exit the troubled office sector [11][13]. - Following the dividend cut, W.P. Carey quickly resumed raising its dividend, indicating a strong recovery and growth potential, with management increasing its full-year forecast after the third-quarter earnings announcement [13][14]. - The company has redirected funds from property sales into new industrial, warehouse, and retail properties, enhancing its growth trajectory [13][14].