Ten US stocks offer dividend yields of up to 16.65 per cent
Mortgage real estate investment trusts AGNC Investment Corp and Annaly Capital Management top the list of high-yielding companies.
Ten US-listed companies with market capitalisations exceeding $5 billion offer high dividend yields, according to data compiled by Vested Finance as reported by The Economic Times.
Mortgage real estate investment trusts (REITs) AGNC Investment Corp and Annaly Capital Management lead the list with dividend yields of 16.65 per cent and 16.46 per cent, respectively. AGNC Investment Corp has a market capitalisation of $10.9 billion, while Annaly Capital Management has a market capitalisation of $14.4 billion.
Business Development Companies (BDCs) represent three of the 10 stocks. Blue Owl Capital Corporation leads this segment with a 12.13 per cent yield, while Ares Capital Corporation offers 10.05 per cent and Main Street Capital offers 7.93 per cent.
Western Midstream Partners, an energy-sector company, recorded the highest five-year annual dividend growth of 24 per cent and the strongest share-price return of 113.19 per cent. MPLX LP also saw a positive five-year share-price return of 94.57 per cent.
Most companies on the list recorded negative share-price returns over the last five years. Annaly Capital Management saw the steepest decline of 46.38 per cent, followed by AGNC Investment Corp at 45.90 per cent.
Payout ratios varied significantly across the group. Blue Owl Capital Inc recorded the highest payout ratio at 744 per cent of earnings per share (EPS), while VICI Properties had the lowest at 69 per cent of EPS.
