6Mo·

I decided to completely sell out of this position.

This is for two reasons. One, I'd rather continue to building my core ETFs like $SPLG , $SCHD and/or further add to $O (+0,39 %) . It is maybe even time to consider adding $QQQM .

Second, I don't think that the dividend payout of 15% is sustainable in the long-run, it has been so far, but I don't want to be in the position of hoovering over the SELL button and wait for the dividend announcement.

This also goes towards trimming the portfolio down to a few positions that one doesn't have to monitor too closely...

What do you think? Do you or did you own $AGNC (+0,37 %) ?

Happy investing, happy compounding!

12.06
AGNC Investment logo
a vendu x311 à 9,76 $US
3 035,36 $US
0,30 %
1
5 Commentaires

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Without knowing AGNC, your reasoning sounds good to me and I would also be skeptical about a company with that kind of dividend yield.
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Yea yup
$AGNC definitely a CERTIFIED DIVIDEND TRAP
I’m getting rid of it too and some
I’m ma fund $CAH and $CHCT
Check them out if you have no choice
I am also currently enjoying $AMSWA $EC and $CVI
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The dividends were considerably high from 2014-2017 (maintaining ~12% yield) when the interest rates were low. The dividends started to fall as the interest rates rose. Given that the rate are starting cut again, I find it a good steady monthly income for the next 2 years at least.
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