This Nearly 16%-Yielding Dividend Stock Has Paid Out $16 Billion Since 2008. Here's Why I'm Not Worried About the Next Payment.
AGNC Investment has been a dividend machine over the years.
Overview
AGNC Investment (NASDAQ:AGNC) has paid out more than $16 billion in dividends since its 2009 IPO. That's a massive amount of cash for a company that currently has a $10.8 billion market cap. However, with its dividend yield approaching 16%, it's flashing warning signs that the payout might not be sustainable.
Here's why I'm not worried about the mortgage REIT's next monthly dividend payment.
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Details
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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.