While they are an indicator for some stocks, high dividend yields are not a red flag for mortgage REITs.
News & Analysis: AGNC Investment Corp.
This mortgage REIT is no longer a turnaround story.
AGNC earnings call for the period ending March 31, 2021.
A change in the rules can help the company's portfolio.
The mortgage REIT cut its monthly payout last spring.
The company's recovery from the COVID-19 crisis is nearly complete.
AGNC earnings call for the period ending December 31, 2020.
The company says its strategy of concentrating on agency securities should continue to pay off.
Income is still out there, although it can be harder to find.
New chief executive Peter Federico has been with the mortgage REIT since 2011; outgoing chief Gary Kain will become executive chairman.