Is AGNC's 13%+ Yield a Bargain or a Trap?
AGNC Investment has been a yield trap in the past.
Overview
AGNC Investment (NASDAQ: AGNC) has an eye-popping dividend yield of more than 13%. A yield that high is almost always a trap. However, I think AGNC is a bargain, at least in the current market environment.
I'm going to lay out the case for why the real estate investment trust (REIT) could be a classic dividend yield trap and why I think it's actually a bargain right now. Unraveling that tension should aid you in deciding whether a big-time yield belongs in your portfolio.
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Details
Source
Originally published at www.fool.com.
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Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.