Is AGNC Investment Stock a Buy Now?
The most prominent statistic around AGNC Investment (NASDAQ: AGNC) right now is probably its 14.8% dividend yield. That's a huge yield and one that is likely to draw the attention of many dividend investors. There's just one problem: AGNC isn't really meant for investors looking to live off the income their portfolios generate.
Here's what you need to know and what type of investor might still want to buy this mortgage real estate investment trust (REIT).
AGNC Investment is a real estate investment trust, a company structure that is designed to pass income on to shareholders. But that fact has to be juxtaposed against other facts when looking at the massive dividend yield this stock is offering up.
Source Fool.com
