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This Real Estate Stock Is Yielding 14.6%!


When evaluating dividend yields, I generally consider a sustainable 3% yield to be very solid. When I recently saw Dynex Capital's (NYSE: DX) massive 14.6% trailing 12-month dividend yield, I was skeptical, to put it mildly.

However, the company has been making consistent monthly dividend payments dating all the way back to 2008, although the dividend has fluctuated a bit. Still, with a yield as high as this, a little fluctuation is OK as long as the company consistently makes dividend payments.

Image source: Getty Images.

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Source Fool.com

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