AGNC Investments (NASDAQ: AGNC) offers one whopper of a dividend. The mortgage-focused real estate investment trust (REIT) currently yields an eye-popping 16%. That's over 10x higher than the S 500's dividend yield.

While there's reason to be optimistic that the mortgage REIT can maintain its big-time payout in 2024, its long-term sustainability remains a big question mark, given its history. Because of that, it's probably not worth the headache of dealing with another dividend cut.

Instead, yield-hungry investors should consider buying Energy Transfer (NYSE: ET). The master limited partnership (MLP) offers a 9.5%-yielding distribution that it should be able to steadily increase in the future.

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Source Fool.com