Is AGNC Investment Stock a Buy Now?

Although I'm not retired yet, I'm trying to build a portfolio of reliable dividend stocks that I can count on to provide income when I do stop working. I have little to no interest in buying AGNC Investment (NASDAQ: AGNC) for my portfolio and its monster yield of almost 15%. But that doesn't mean it's a bad investment. There's an important nuance when it comes to this ultra-high-yield mortgage real estate investment trust (REIT) that you'll want to understand before you consider buying it.My long-term goal is to create an income stream to supplement Social Security when I retire. I don't have a pension, so it is up to me to save and invest for myself. I own a number of REITs, specifically because they produce solid income streams. My core holdings include Realty Income (NYSE: O), W.P. Carey (NYSE: WPC), Simon Property Group (NYSE: SPG), and Federal Realty (NYSE: FRT). I also own one tiny REIT called Alpine Income Property Trust (NYSE: PINE), which I believe is being mispriced by the market. However, I classify Alpine as a higher-risk investment, and it doesn't hold the same foundational place in my portfolio as the other REITs.To be fair, W.P. Carey recently cut its dividend after shedding the office holdings from from its diversified portfolio. Mall landlord Simon tends to cut its dividend during recessions. However, both have quickly returned to dividend growth after cuts. Realty Income, Federal Realty (which is the only REIT that is a Dividend King), and Alpine (to a lesser degree, since it's a relatively young company) all have dividend growth streaks going. I'm not just looking for big income streams, but reliable ones. Simon is the least reliable, but since it quickly increased the divided to, and even beyond, pre-cut levels after each reduction, I'm OK with owning it.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool