This Nearly 16%-Yielding Dividend Stock Has Paid Out $16 Billion Since 2008. Here's Why I'm Not Worried About the Next Payment.
AGNC Investment (NASDAQ:AGNC) has paid out more than $16 billion in dividends since its 2009 IPO. That's a massive amount of cash for a company that currently has a $10.8 billion market cap. However, with its dividend yield approaching 16%, it's flashing warning signs that the payout might not be sustainable. Here's why I'm not worried about the mortgage REIT 's next monthly dividend payment. Image source: Getty Images. Continue reading