Reported 23 days ago
AGNC Investment, a mortgage REIT, has maintained a remarkable 14% dividend for nearly six years, even through difficult market conditions marked by rising interest rates. While mortgage REITs rely heavily on leverage to boost profits, AGNC has effectively hedged its portfolio and is well-positioned as interest rates decline. CEO Peter Federico remains optimistic about the company's outlook, suggesting that it can continue to provide substantial dividends, making it an appealing option for passive income investors.
Source: YAHOO