Forget AGNC -- This Ultra-High-Yield Dividend Stock Will Make You Far More Money
AGNC Investments (NASDAQ: AGNC) pays an eye-popping dividend. At over 14%, it's nearly 10x higher than the S 500's dividend yield (currently 1.5%).
However, as enticing as that payout might seem, income-focused investors are better off forgetting about the mortgage REIT. They'll likely make far more money in other high-yielding stocks, including MPLX (NYSE: MPLX). Here's why the 9.3%-yielding master limited partnership (MLP) is a better option for those seeking a strong total return (dividend income plus stock price growth).
Mortgage REITs like AGNC Investments have more in common with banks than traditional REITs. Instead of owning income-producing real estate, AGNC invests in mortgage-backed securities (MBS) guaranteed by government agencies. While those guarantees eliminate default risk, the REIT faces many other risks that can impact its income stream.
Source Fool.com
MPLX L.P. Stock
With 13 Buy predictions and not the single Sell prediction the community is currently very high on MPLX L.P..
With a target price of 42 € there is potential for a 256.84% increase which would mean more than doubling the current price of 11.77 € for MPLX L.P..
