🔮 AGNC's 15% Yield Remains Intact While Lower Rates Are Bullish For Their Future - Seeking Alpha

Finance

AGNC Investment Corp. (NASDAQ:AGNC) is no stranger to criticism. Many have speculated that their dividend yield was unmanageable, while others have argued that the high-interest rate environment would cripple its underlying business. These opinions aren't without merit, as AGNC has reduced the monthly dividend payment four times since 2015, and its shares have lost -58.17% of their value over the past decade. While the past paints a specific picture, I am investing in the company AGNC is today, not the company it was a decade ago. Shares of AGNC have been absolutely slaughtered, and the higher for longer rate environment hasn't helped their underlying value.

seekingalpha.com     Jul 10, 2024