AGNC's Dividend Isn't Worth the Headache. Buy This High-Yield Stock Instead.
AGNC Investments (NASDAQ: AGNC) offers one whopper of a dividend. The mortgage-focused real estate investment trust (REIT) currently yields an eye-popping 16%. That's over 10x higher than the S 500's dividend yield.
While there's reason to be optimistic that the mortgage REIT can maintain its big-time payout in 2024, its long-term sustainability remains a big question mark, given its history. Because of that, it's probably not worth the headache of dealing with another dividend cut.
Instead, yield-hungry investors should consider buying Energy Transfer (NYSE: ET). The master limited partnership (MLP) offers a 9.5%-yielding distribution that it should be able to steadily increase in the future.
Source Fool.com
MLP SE Stock
€5.61
0.180%
Our community is currently high on MLP SE with 3 Buy predictions and 0 Sell predictions.
As a result the target price of 10 € shows a very positive potential of 78.25% compared to the current price of 5.61 € for MLP SE.
