10 Highest-Paying Monthly Dividend Stocks

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3. AGNC Investment Corp. (NASDAQ:AGNC)

Dividend Yield as of November 23: 14.71%

AGNC Investment Corp. (NASDAQ:AGNC) is a Maryland-based real estate investment trust company that invests in residential mortgage-backed securities on a leveraged basis. Barclays upgraded the stock to Overweight in October, following the company’s recent quarterly earnings. The firm also mentioned that the company offers an attractive investment opportunity due to its stable book value.

In Q3 2022, AGNC Investment Corp. (NASDAQ:AGNC) reported a tangible book value of $9.08 per share. The company’s investment portfolio at the end of September stood at $61.5 billion. Since its IPO in 2008 through the third quarter of 2022, the company has cumulatively paid $11.8 billion in dividends, which makes it one of the best highest-paying monthly dividend stocks.

AGNC Investment Corp. (NASDAQ:AGNC) pays a monthly dividend of $0.12 per share and has a dividend yield of 14.71%, as of November 23.

AGNC Investment Corp. (NASDAQ:AGNC) saw a positive hedge fund sentiment in Q3 2022, as 28 funds tracked by Insider Monkey owned stakes in the company, up from 18 in the previous quarter. These stakes have a total value of over $157.7 million. With 4.2 million shares, Citadel Investment Group was one of the company’s leading stakeholders in Q3.

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