It's Been 45 Months Since AGNC Investment Corp. Set Its All-Time High. Here's 1 Reason to Buy Today.

AGNC Investment (NASDAQ: AGNC) hit its all-time high closing price of $11.74 per share on June 8, 2021. That was about 45 months ago. Shares are currently well below that price point at around $10.50 per share. This lower price point is why the real estate investment trust (REIT) offers such a monster dividend yield of 13.8%. Its payout is more than 10 times higher than the S&P 500's dividend yield of 1.3%. The mortgage REIT has been able to maintain its massive payout for the past 60 months in a row. That stability should continue, which is a good reason to consider buying shares for income right now. AGNC Investment is a leading investor in agency residential mortgage-backed securities (MBS). Government agencies like Fannie Mae and Freddie Mac guarantee those mortgage pools against credit loss. That makes them very low-risk, fixed-income investments. However, MBS are also relatively low-return investments (low-to-mid-single-digit yields). Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool