AGNC - 1 Crucial Factor Income Investors Need to Know About AGNC Investment's 15%-Yielding Dividend
2024-02-02 05:44:00 ET
AGNC Investment (NASDAQ: AGNC) is one of the more alluring dividend stocks around. The mortgage-focused real estate investment trust (REIT) pays its investors a monthly dividend yielding an eye-popping 15%. That's 10 times higher than the S&P 500 index's 1.5% dividend yield.
Given its massive size, the company routinely gets questions about the payout's long-term sustainability. That was the case on its recent fourth-quarter conference call . Here's a look at one crucial factor the mortgage REIT's CEO highlighted on the call driving its ability to pay that monster dividend.
An analyst on AGNC Investment's fourth-quarter call asked the question that most income investors want answered. UBS analyst Doug Harter queried, "Wondering if you could talk about your outlook for the dividend, given the volatility you just managed through and how you're thinking about dividend levels throughout 2024?"
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1 Crucial Factor Income Investors Need to Know About AGNC Investment's 15%-Yielding Dividend