Reported about 1 month ago
AGNC Investment, a mortgage-focused REIT, has consistently paid a monthly dividend yielding over 14% for 55 months, significantly outperforming the S&P 500's 1.3%. Despite challenges from rising interest rates, the company has managed to stabilize its dividends, and with the Federal Reserve’s potential rate cuts in the future, there’s optimism that it can maintain this dividend level. CEO Peter Federico expressed confidence that positive market conditions will support AGNC's earnings and dividend policy going forward.
Source: YAHOO