AGNC - More 9% Dividend Yields Again? I'm Also Buying This One
2024-03-21 18:17:27 ET
Summary
- We're starting with our latest purchase, then moving onto some charts.
- Our charts help readers track the sector for both common shares and preferred shares.
- Mortgage REITs and BDCs are included in the charts for comparison based on various metrics such as price-to-book value, dividend yields, and earnings yield.
We recently wrote about our purchase of a 9% yield from MFAN ( MFAN ). Another one of those opportunities popped up recently, so we went for it again.
Today’s 9% yield (about 8.95% at our purchase prices) comes from RCB ( RCB ). This is one of the baby bonds from Ready Capital ( RC ). We purchased shares twice this week. I see this as an attractive choice for risk/reward. We’re feeling a bit cautious about the overall economy. I wanted to take a defensive position, but still have a significant yield....
More 9% Dividend Yields Again? I'm Also Buying This One