Despite Shifting Momentum, AGNC Investment's Ultra-High-Yielding Dividend Looks Safe
AGNC(AGNC) The Motley Fool·2024-07-25 10:22The mortgage REIT is very optimistic about what's ahead.AGNC Investment (AGNC -3.68%) offers investors a prodigious payout. The mortgage-focused real estate investment trust (REIT) currently yields around 14%. That's more than 10 times the S&P 500's recent dividend yield of around 1.3%. The mortgage REIT experienced some renewed headwinds in the second quarter, which might increase concerns about dividend sustainability. However, it remains optimistic about the future, which bodes well for its ability to ma ...