5 High-Yield Monthly Dividend Stocks to Buy in September

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In this article, we discuss 5 high-yield monthly dividend stocks to buy in September. If you want to read our detailed analysis of dividend stocks and their returns, go directly to read 10 High-Yield Monthly Dividend Stocks to Buy in September

5. AGNC Investment Corp. (NASDAQ:AGNC)

Dividend Yield as of September 6: 12.23%

AGNC Investment Corp. (NASDAQ:AGNC) is a Maryland-based real estate investment trust company that invests in residential mortgage-backed securities. The stock was upgraded to Outperform by Keefe Bruyette in June with a $13.25 price target, up from $12.25. The firm presented a positive outlook on mortgage REITs.

On August 11, AGNC Investment Corp. (NASDAQ:AGNC) declared a monthly dividend of $0.12 per share, in line with its previous dividend. As of September 6, the stock’s dividend yield came in at 12.23%.

In Q2 2022, AGNC Investment Corp. (NASDAQ:AGNC) reported revenue of $315 million, which showed a 35.8% year-over-year growth. The company reported over $906 million in cash and cash equivalents with its total assets amounting to $61.2 million. It repurchased 4.1 million of its common shares during the quarter at a total price of $51 million.

The number of hedge funds tracked by Insider Monkey owning stakes in AGNC Investment Corp. (NASDAQ:AGNC) grew to 18 in Q2 2022, from 14 in the previous quarter. These stakes hold a collective value of over $192.4 million. With stakes worth over $51.4 million, Citadel Investment Group held the largest position in the company in Q2.

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