While AGNC Investment Offers a 13.5% Yield, I Just Bought This High-Yield Dividend Stock Instead
Ladder Capital offers a big-time yield with less risk.
Overview
AGNC Investment (NASDAQ: AGNC) currently offers a monster 13.5% dividend yield. As much as I like passive income, I decided to pass on buying shares of the mortgage-focused real estate investment trust (REIT). Instead, I recently bought a different high-yielding dividend stock, fellow mortgage REIT Ladder Capital (NYSE: LADR).
I'm not going to lie, AGNC Investment's dividend is very tempting, as it offers a massive yield and a monthly payment schedule. The mortgage REIT has also put together a solid streak of 75 consecutive monthly dividend payments at its current rate. However, there are a couple of things that Ladder Capital offers that make it a better income investment for me.
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Originally published at www.fool.com.
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