AGNC Investment (NASDAQ:AGNC) is coming off a very challenging quarter. The mortgage REIT's earnings and book value both declined during the third quarter, and it posted a negative economic return on tangible common equity. Surging interest rates drove down its share price, sending its dividend yield up to 16.5%. That sky-high yield suggests the payout is on shaky ground. Despite all that, CEO Peter Federico proclaimed on the third-quarter earnings conference call that "I would say that our dividend continued to be well-aligned with the economics of our business." Here's a look at the conflicting metrics clouding the sustainability of its high-yielding monthly dividend. Image source: The Motley Fool.
CryptoAlerta — análise de criptomoedas e mercado em tempo real