Three monster dividend stocks yielded 13.6%.
These large dividend stocks have a solid track record of maintaining their dividends.
The dividend yield is S&P 500 It is currently at about 1.2%, near an all-time low. However, many stocks offer much higher yields, including several with double-digit dividend yields.
Let’s take a closer look at three stocks with incredibly high dividend yields.
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AGNC Investment
AGNC Investment (AGNC +0.85%) The current rate of return is 13.6%, which is more than 10 times higher. S&P 500. Real estate investment trust (ritz) has a very simple investment strategy. Mortgage loan securities (MBS) that Coverage against credit losses from government agencies, etc. freddy mac. These pools of residential mortgages generate very low-risk, fixed-income returns for REITs. AGNC increases its return potential (and risk profile) by investing in MBS. leverage mainly through repurchase agreement.
This strategy can be very profitable. AGNC is currently return on equity In the mid teens. This is consistent with the cost of capital (dividend payments and operating costs). As long as these metrics match, AGNC Investment can maintain its monthly dividend. The mortgage REIT has paid the same interest rate since the beginning of 2020.
today’s change
(0.85%) $0.09
current price
$10.66
Key data points
market capitalization
$11 billion
work range
$10.58 – $10.74
52 week range
$7.85 -$10.74
volume
23M
average volume
21M
gross profit
100.00%
dividend yield
13.51%
However, if market conditions deteriorate significantly in the future and earnings fall short of costs, the REIT may need to reset its dividend. We have had to do so several times over the years, including in 2020.
Delek Logistics Partner
Delek Logistics Partner (D.K.L. +0.95%) The current yield is 10.1%. Master Limited Partnership (MLP), which gives investors K-1 Federal Tax Form Schedule Each year, it owns a portfolio of energy midstream assets, including pipelines, processing plants and storage terminals. These assets generate predictable cash flows through long-term contracts.
today’s change
(0.95%) $0.42
current price
$44.48
Key data points
market capitalization
$2.4 billion
work range
$44.01 -$44.64
52 week range
$34.59 – $48.00
volume
142K
average volume
59K
gross profit
22.31%
dividend yield
10.00%
The MLP expects to generate enough cash to cover its monster payout of up to 1.3x this year. This provides a significant buffer while freeing up funds to invest in expanding operations. The company recently completed the Libby 2 gas processing plant and expanded its water infrastructure through the acquisitions of Gravity and H2O Midstream.
Delek Logistics’ growth investments have enabled us to steadily increase distribution. The MLP recently posted its 51st consecutive quarterly increase. We have the financial flexibility to continue to grow our operations and payments in the future.
Ares Capital Corporation
Ares Capital Corporation (ARCC 1.12%) today have no way 9.6% Dividend yield. Business development company (BDC) makes debt and equity investments in private companies. It has a diversified portfolio with investments in nearly 600 companies, consisting primarily of secured loans (71% of assets). The company has an excellent investment track record with a cumulative net realized loss of 0% since inception.
today’s change
(-1.12%) $-0.23
current price
$19.91
Key data points
market capitalization
$14 billion
work range
$19.84 – $20.16
52 week range
$18.26 – $23.84
volume
327K
average volume
5.4 million
gross profit
76.26%
dividend yield
9.63%
These investments generate interest and dividend income, which Ares distributes to investors through quarterly dividend payments. The company has been paying the current dividend rate since 2022. Has paid stable or higher regular quarterly dividends for over 16 consecutive years. The BDC also regularly paid additional supplementary dividends from its excess earnings.
Ares Capital regularly makes new investments. Our deep relationships with banks and institutional capital providers enable us to regularly raise additional funds for new loans. It raised more than $1 billion in new capital in the third quarter, giving it enough dry powder to make new investments to support dividend payments. that made $3.9 billion of We made new investment commitments during the third quarter across 35 new and 45 existing portfolio companies. Additionally, the company closed a $2.6 billion investment, freeing up additional capital to invest in new opportunities.
monster income stocks
AGNC Investment, Delek Midstream Partners, and Ares Capital are currently offering high yields. These companies also have a solid track record of maintaining (and in some cases increasing) huge payouts. Although this is a high-risk investment, it can provide risk-tolerant investors with a lot of income over the next few years.
