How Much Would It Take To Earn $100 A Month From AGNC Investment Stock

Benzinga
07 Oct 2024

Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below.

AGNC Investment Corp. (NASDAQ:AGNC) provides private capital to the housing market in the United States. It invests in residential mortgage pass-through securities and collateralized mortgage obligations for which the principal and interest payments are guaranteed by a United States government-sponsored enterprise or agency.

The company will report its Q3 2024 earnings on October 28. Wall Street analysts expect the company to post an EPS of $0.51, down from $0.65 in the year-ago period. According to data from Benzinga Pro, quarterly revenue is expected to be $25.99 million, up from ($53) million in the year-ago period.

Check It Out:

  • This billion-dollar fund has invested in the next big real estate boom, here's how you can join for $10.
    This is a paid advertisement. Carefully consider the investment objectives, risks, charges and expenses of the Fundrise Flagship Fund before investing. This and other information can be found in the Fund's prospectus. Read them carefully before investing.
  • Finding a fiduciary financial advisor doesn’t have to be hard. SmartAsset’s free tool matches you with up to 3 financial advisors that serve your area in 5 minutes. Each advisor has been vetted by SmartAsset and is held to a fiduciary standard to act in your best interests.

The 52-week AGNC Investment stock price range was $6.81 to $10.85.

AGNC Investment’s dividend yield is 14%. During the last 12 months, it paid $1.44 per share in dividends.

The Latest On AGNC Investment

On July 22, the company reported its Q2 2024 earnings, posting a comprehensive loss per common share of 13 cents against comprehensive income per common share of 48 cents reported in the prior quarter, as reported by Benzinga. 

Q2 net spread and dollar roll income per common share of 53 cents matched the consensus estimate. Adjusted net interest and dollar roll income of $482 million moved down from $496 million in the previous quarter.

AGNC’s second-quarter results benefited from an increase in asset yields. To navigate the monetary policy transition, the company has defensively positioned itself with prudent asset selection efforts and timely portfolio adjustment. However, a lower net interest spread and increased weighted average cost of funds acted as headwinds.

See Also:

  • Your biggest returns may not come from the stock market. Invest the way colleges, pension funds, and the 1% do. Get started investing in commercial real estate today.
  • This billion-dollar fund has invested in the next big real estate boom, here's how you can join for $10.
    This is a paid advertisement. Carefully consider the investment objectives, risks, charges and expenses of the Fundrise Flagship Fund before investing. This and other information can be found in the Fund's prospectus. Read them carefully before investing.

How Can You Earn $100 Per Month As An AGNC Investor?

If you want to make $100 per month –$1,200 annually – from AGNC Investment dividends, your investment value needs to be approximately $8,571, which is 831 shares at $10.31 each. 

Understanding the dividend yield calculations: When estimating, you need two key variables – desired annual income ($1,200) and the dividend yield (14%). So, $1,200 / 0.14 = $8,571 to generate an income of $100 per month.

You can calculate the dividend yield by dividing the annual dividend payments by the stock’s current price.

The dividend yield can change over time due to fluctuating stock prices and dividend payments on a rolling basis.

For instance, assume a stock that pays $2 as an annual dividend is priced at $50. Its dividend yield would be $2/$50 = 4%. If the stock price rises to $60, the dividend yield drops to 3.33% ($2/$60). A drop in stock price to $40 will have an inverse effect and increase the dividend yield to 5% ($2/$40).

In summary, income-focused investors may find AGNC Investment stock an attractive option for earning a steady $100 per month by owning 831 shares of stock. 

Check out this article by Benzinga for Wall Street’s most accurate analysts' take on two more financial stocks with over 12% dividend yields.

Better Yields Than Some REITs?

The current interest rate environment has created an incredible opportunity for income-seeking investors to earn massive yields, but not through publicly-traded REITs.

Arrived Homes, the Jeff Bezos-backed investment platform, has launched its Private Credit Fund, which provides access to a pool of short-term loans backed by residential real estate with a target 7% to 9% net annual yield paid to investors monthly. It paid 8.1% in July. The best part? Unlike other private credit funds, this one has a minimum investment of only $100. 

Looking for fractional real estate investment opportunities? The Benzinga Real Estate Screener features the latest offerings.

Wondering if your investments can get you to a $5,000,000 nest egg? Speak to a financial advisor today. SmartAsset’s free tool matches you up with up to three vetted financial advisors who serve your area, and you can interview your advisor matches at no cost to decide which one is right for you.

This article How Much Would It Take To Earn $100 A Month From AGNC Investment Stock originally appeared on Benzinga.com

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10