Want $1,000 in Dividend Income? Invest $7,580 in These 2 Ultra-High-Yield Stocks
If you're looking for high-yield dividend stocks, I've got some good news. A couple of mortgage REITs offer eye-popping yields, and there's a chance they'll be able to maintain their payouts.Shares of AGNC Investment (NASDAQ: AGNC) and Annaly Capital (NYSE: NLY) offer an average yield of 13.2% at recent prices. That means an investment of just $7,580 is enough to set you up with $1,000 in annual dividend income.Before whipping out a brokerage application to buy these stocks, you should know that they are real estate investment trusts (REITs) that don't own any real estate. Instead, they invest in mortgages and related financial instruments, which has all kinds of implications for investors seeking reliable dividend payments.Continue reading
If you're looking for high-yield dividend stocks, I've got some good news. A couple of mortgage REITs offer eye-popping yields, and there's a chance they'll be able to maintain their payouts.
Shares of AGNC Investment (NASDAQ: AGNC) and Annaly Capital (NYSE: NLY) offer an average yield of 13.2% at recent prices. That means an investment of just $7,580 is enough to set you up with $1,000 in annual dividend income.
Before whipping out a brokerage application to buy these stocks, you should know that they are real estate investment trusts (REITs) that don't own any real estate. Instead, they invest in mortgages and related financial instruments, which has all kinds of implications for investors seeking reliable dividend payments.
