◆ NeutralAGNCAGNCLAGNCMAGNCNAGNCOAGNCP

Here's How Many Shares of This 15%-Yielding Monthly Dividend Stock You'd Need to Cover Your Mortgage Payment

The Motley Fool·
Here's How Many Shares of This 15%-Yielding Monthly Dividend Stock You'd Need to Cover Your Mortgage Payment

AGNC Investment, a mortgage REIT paying a 15% monthly dividend, would require an investment of approximately $170,717 (17,783 shares at $9.60) to cover the average U.S. monthly mortgage payment of $2,134. While the dividend has been maintained since early 2020, the article cautions that this strategy carries significant risks including tax implications, past dividend cuts, and concentration risk.

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