Is AGNC Delivering One of the Highest Dividends in the mREIT Space?

AGNC Investment Corp. (NASDAQ:AGNC) is included among the 10 Stocks with Highest Dividend to Buy Right Now.

AGNC Investment Corp. (AGNC): One of the High-Dividend Stocks to Invest In Under $10

An accountant holding a calculator and paperwork, representing the complex financial regulations the company must manage.

AGNC Investment Corp. (NASDAQ:AGNC), a mortgage REIT focused on agency-backed mortgage-backed securities (MBS), addressed several market dynamics in its Q2 update. The company noted that although the Federal Reserve and Treasury signaled supportive regulatory changes, banks have remained cautious. Demand from foreign investors also appeared soft, attributed to a weaker US dollar and global tensions. However, AGNC highlighted that MBS spreads have narrowed since the quarter ended and expects renewed interest from both banks and international investors going forward, which could help compress currently wide spreads.

A key measure for mREITs like AGNC Investment Corp. (NASDAQ:AGNC) is tangible book value (TBV), representing the underlying value of their holdings. During Q2, AGNC’s TBV declined by 5%, or $0.44 per share, landing at $7.81, down from $8.25 in Q1. It reported a modest 1% TBV recovery in July after accounting for its dividend.

That said, AGNC Investment Corp. (NASDAQ:AGNC) is popular among income investors because of its dividend policy. The company pays a monthly dividend of $0.12 per share and has a dividend yield of 14.83%, as of July 27. From its IPO in May 2008 through Q2 2025, the company has paid out a total of $14.7 billion in dividends to common shareholders, amounting to $49.36 per share.

While we acknowledge the potential of AGNC to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than AGNC and that has 100x upside potential, check out our report about this cheapest AI stock.

READ NEXT: 10 Best Food Stocks with Dividends and 11 Dogs of the Dow Dividend Stocks to Buy Now.

Disclosure: None.