Is AGNC a good dividend stock? (2024)

Is AGNC a good dividend stock?

AGNC Investment Corp.

Is AGNC dividend safe?

AGNC Investments offers an eye-popping yield. While that big-time monthly payout seems safe for now, changing market conditions in the future could cause the mortgage REIT to alter its dividend again.

Is AGNC high risk?

Key Points. AGNC Investment is a mortgage REIT with a troubling history of dividend cuts. Bank of Nova Scotia is a bank that has paid a dividend every year since 1833. AGNC Investment's yield is materially higher than that of Bank of Nova Scotia, but the risk is materially higher, too.

Is AGNC still a good investment?

Year-over-year quarterly sales growth most recently was 23.3%. Analysts expect adjusted earnings to reach $2.166 per share for the current fiscal year. AGNC Investment Corp currently has a 15.6% dividend yield. CFRA has a positive fundamental outlook on the S&P Specialized REIT Index.

Has AGNC ever cut their dividend?

AGNC pays a monthly dividend and in January 2019 the dividend was $0.18 per share. However, over the last five years, the dividend has been cut twice — from $0.18 to $0.16 in May 2019 and then to $0.12 in April 2020. Despite a payout ratio of less than 55%, the dividend has remained constant since then.

Does AGNC have a future?

AGNC Stock 12 Month Forecast

Based on 9 Wall Street analysts offering 12 month price targets for AGNC Investment in the last 3 months. The average price target is $10.00 with a high forecast of $11.00 and a low forecast of $9.00. The average price target represents a 8.23% change from the last price of $9.24.

Is AGNC a safe stock to invest in?

AGNC isn't a great option for investors looking to generate a reliable stream of dividend income. In fact, if you bought it and used the dividend for daily living expenses you would have ended up with less income and less capital. That's not the ideal outcome for most dividend investors.

Is AGNC in debt?

Total debt on the balance sheet as of December 2023 : $80 M

According to AGNC Investment's latest financial reports the company's total debt is $80 M. A company's total debt is the sum of all current and non-current debts.

Is AGNC backed by the government?

These firms invest in mortgage-backed securities ("MBS") that are backed by government or government-sponsored agencies such as Ginnie Mae, Fannie Mae, and Freddie Mac. Two firms that employ this strategy are AGNC Investment (NASDAQ: AGNC) and Annaly Capital Management (NYSE: NLY).

What is Zacks rating on AGNC?

Who owns the most shares of AGNC?

What percentage of AGNC Investment (AGNC) stock is held by retail investors? According to the latest TipRanks data, approximately 68.33% of AGNC Investment (AGNC) stock is held by retail investors. Who owns the most shares of AGNC Investment (AGNC)? Vanguard owns the most shares of AGNC Investment (AGNC).

What is the long-term forecast for AGNC stock?

AGNC Investment stock prediction for 1 year from now: $ 8.80 (-4.72%) AGNC Investment stock forecast for 2025: $ 8.86 (-5.31%) AGNC Investment stock prediction for 2030: $ 6.74 (-27.94%)

What is the best monthly dividend stock?

Why is the AGNC dividend so high?

He went on to point out that the company's dividend yield has increased considerably over the past couple of years, due to the decline in its share price. That's increasing its cost of capital. The good news is that the company is currently earning a high enough return to maintain its dividend rate.

What are the three dividend stocks to buy and hold forever?

How is AGNC dividend taxed?

Distributions to stockholders will generally be taxable as ordinary income. However, a portion of such distributions may be designated by us as long-term capital gain to the extent that such portion is attributable to our sale of capital assets held for more than one year.

Can AGNC go out of business?

The Probability of Bankruptcy of AGNC Investment Corp (AGNC) is 8.3% . This number represents the probability that AGNC will face financial distress in the next 24 months given its current fundamentals and market conditions.

Did AGNC beat earnings?

AGNC Investment Corp.'s AGNC first-quarter 2024 net spread and dollar roll income per common share (excluding estimated "catch-up" premium amortization benefit) of 58 cents beat the Zacks Consensus Estimate of 56 cents.

How long has AGNC been paying dividends?

Historical dividend payout and yield for AGNC Investment (AGNC) since 2010. The current TTM dividend payout for AGNC Investment (AGNC) as of April 25, 2024 is $1.44. The current dividend yield for AGNC Investment as of April 25, 2024 is 15.39%.

What is the safest dividend stock?

How long has AGNC been in business?

About AGNC Investment Corp

The company was founded on January 7, 2008, and is headquartered in Bethesda, MD.

How old is the AGNC stock?

The company was founded on January 7, 2008, and is headquartered in Bethesda, MD.

How often are dividends paid by AGNC?

AGNC Investment Corp. ( AGNC ) pays dividends on a monthly basis.

How often does AGNC pay dividends?

AGNC Investment has an annual dividend of $1.44 per share, with a forward yield of 15.43%. The dividend is paid every month and the next ex-dividend date is Apr 29, 2024.

How does AGNC make money?

AGNC makes money by borrowing at short-term rates, lending at long-term rates, and pocketing the difference.