Dividends4Life: 3 Mortgage REITs with Very High Dividend Yields

3 Mortgage REITs with Very High Dividend Yields

Posted by D4L | Monday, February 28, 2022 | | 0 comments »

Real estate investment trusts, or REITs, are often a great source of passive income as the names in this sector are required by law to distribute at least 90% of their taxable income in the form of dividends. This usually leads to stocks yielding well above the average yield of the S&P 500 index, which is 1.3% at the moment. In fact, it isn’t uncommon to find shares of REITs trading with very high dividend yields, sometimes in the double-digit range.

With the Federal Reserve telegraphing to the market that they intend to raise interest rates several times this year and next, investors of mortgage REITs need to be extremely diligent in the names that they choose to invest in. This article will examine three mortgage REITs that we feel are among the best in the industry, including: AGNC Investment (NASDAQ:AGNC), Annaly Capital Management (NYSE:NLY) and PennyMac Mortgage Investment Trust (NYSE:PMT).

Source: InvestorPlace

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