This has been a disappointing year for short-term traders, but not for investors who buy with the intention of holding on for the long haul. Right now, there are at least two ultra-high-yield dividend stocks that could double your principal by the end of 2028.
AGNC Investment (NASDAQ: AGNC) and Annaly Capital Management (NYSE: NLY) currently offer investors dividend yields of 12.2% and 13.8%, respectively. This means anyone who buys shares now and reinvests their dividend payments could see their original investment double by 2028.
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2 Ultra-High-Yield Dividend Stocks That Could Double Your Money by 2028