Should You Forget AGNC Investment and Buy These 2 High Yield Stocks Instead?

Core Viewpoint - AGNC Investment offers a high dividend yield of 14%, attracting income investors, but its long-term performance and reliability are questionable compared to Bank of Nova Scotia and Brookfield Renewable [1][3][11] AGNC Investment - AGNC Investment's dividend rose quickly after its IPO in 2008 but began to decline in 2013, leading to a falling stock price [2] - Despite a high yield above 10% for most of its existence, the declining dividend and stock price resulted in less income and capital for investors [3] - The mortgage REIT sector is volatile, and dividend cuts are common, making AGNC Investment less favorable for long-term dividend investors [4][11] Bank of Nova Scotia - Bank of Nova Scotia has paid dividends since 1833, with a generally upward trend, although it did not increase its dividend in 2024 [5] - The bank is focusing on the U.S., Mexico, and Canada, having acquired a stake in KeyCorp to enhance its U.S. presence, and expects to resume dividend increases in 2025 [6] - The bank's current yield of 6.1% is attractive, and it is seen as a reliable dividend payer for long-term investors [6][7][11] Brookfield Renewable - Brookfield Renewable operates a diversified clean energy portfolio, including hydroelectric, solar, wind, storage, and nuclear assets [8] - The partnership share class offers a yield of 6.5%, while the corporate shares yield 5.2%, with a history of regular dividend increases [9] - Brookfield Renewable employs an active management approach, buying and improving clean energy assets, making it comparable to financial companies [9][10] - Its steadily rising dividend and high yield present an attractive alternative to AGNC Investment [10]