AGNC Q4 Earnings: The Preferreds Remain Far Better Than The Stock
AGNCAGNC(AGNC) Seeking Alpha·2024-01-27 02:32

Domepitipat From our first standalone coverage of AGNC Investment Corp. (NASDAQ:AGNC), we have pretty much stuck on neutral. The stock fell in the category of "why bother when returns won't be juicy". That has generally played out over this entire timeframe. Investors would have been better off sitting in cash and liquidating it versus staying in AGNC. Most investors use AGNC as an "income" source, so after taxes on those large dividends (which cannot be offset against the capital loss), you are down quite ...