Published on 20 Feb 2024 on Motley Fool via Yahoo Finance
Huge dividends can tempt investors but sometimes they turn out to be yield traps -- especially if the company cuts its payout due to financial strain. With a humungous 15% yield at its current share price, AGNC Investment Corp. (NASDAQ: AGNC) certainly catches your attention.
Skepticism over the dividend's dependability is expected, but investors might be surprised by how much the company is poised to pay investors in the future. AGNC could be an income investor's dream stock, but there are some risks to understand.
Understanding AGNC Investment Corp's business