Is AGNC Investment the Dividend Stock for You?
The mortgage real estate investment trust sector went through the wringer in 2020 as the initial pandemic lockdowns completely disrupted the mortgage-backed securities market. Just about every mortgage REIT was forced to cut its dividend, and most reported big declines in book value.
A year on, the sector appears to have recovered, although many stocks are still well below pre-COVID levels. Looking forward, is AGNC Investment (NASDAQ: AGNC) a suitable income stock for a dividend investor?
Source Fool.com