Will Lower Rates Turn AGNC Investment Into a Great Income Stock?
AGNC(AGNC) The Motley Fool·2024-10-12 22:00
If you're trying to live off the income your portfolio generates, AGNC is not for you.AGNC Investment (AGNC -0.58%) looks like an income stock, but it doesn't actually behave like one. Or at least not one that most dividend-focused investors will want to own.And while falling interest rates will likely be a net benefit to the business, the improving environment won't be enough to turn this roughly 14% ultra-high-yield stock into one that a dividend investor will want to buy. Here's what you need to know bef ...