AGNC Investment Just Notched Its 75th Straight Monthly Dividend and Currently Yields 13%+. Here's What Q2 Earnings Revealed.
AGNC Investment reported a strong quarter despite a challenging macroeconomic backdrop.
Overview
AGNC Investment (NASDAQ: AGNC) has become a remarkably consistent dividend stock. The real estate investment trust (REIT) recently hit a milestone of 75 consecutive months of paying the same dividend rate ($0.12 per share). That's impressive, considering all the volatility in the mortgage and interest rate markets over the past few years.
Here's a look at the mortgage REIT's recent second-quarter financial results and what they reveal about the future of its more than 13%-yielding monthly dividend.
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Originally published at www.fool.com.
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