<h2>关键要点</h2>
<ul>
<li>AGNC Investment 是一家备受尊敬的抵押贷款房地产投资信托（REIT）。</li>
<li>Realty Income 是最大的净租赁 REIT。</li>
<li>AGNC Investment 的收益率是 Realty Income 的两倍多。</li>
<li>我们更看好的 10 只股票超过 AGNC Investment Corp. ›</li>
</ul>
<p>这听起来有些老生常谈，但对于投资者来说，了解自己所拥有的资产真的很重要。深入理解一家公司所做的事情、原因以及它如何与您的投资策略相契合，对于长期投资者至关重要。特别是如果您选择的策略是股息投资。高收益率并不总是意味着好的投资。</p>
<p>这是比较 <strong>AGNC Investment</strong>(NASDAQ: AGNC) 和其高达 13.4% 股息收益率与 <strong>Realty Income</strong>(NYSE: O) 5.2% 收益率时的主要结论。如果您使用股息来支付日常生活开支，Realty Income 较低的收益率可能更适合您。以下是您需要了解的内容。</p>
<p><em><strong>人工智能会创造出世界上第一个万亿富翁吗？</strong> 我们的团队刚刚发布了一份关于一家鲜为人知的公司报告，该公司被称为 “不可或缺的垄断”，提供 Nvidia 和 Intel 都需要的关键技术。<strong>继续 »</strong></em></p>
<p><img src="https://imageproxy.pbkrs.com/https://g.foolcdn.com/image//query-dXJsPWh0dHBzOi8vZy5mb29sY2RuLmNvbS9lZGl0b3JpYWwvaW1hZ2VzLzg2ODM0Ni8yMV8wNV8xOS10d28tcGVvcGxlLWxvb2tpbmctYXQtcGFwZXJ3b3JrLXdpdGgtYS1jYWxjdWxhdG9yLV9nZXR0eWltYWdlcy0xMjg0NjQ3Njg2LmpwZyZ3PTcwMA?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" alt="" width="700" height="466" original-src="https://imageproxy.pbkrs.com/https://g.foolcdn.com/image//query-dXJsPWh0dHBzOi8vZy5mb29sY2RuLmNvbS9lZGl0b3JpYWwvaW1hZ2VzLzg2ODM0Ni8yMV8wNV8xOS10d28tcGVvcGxlLWxvb2tpbmctYXQtcGFwZXJ3b3JrLXdpdGgtYS1jYWxjdWxhdG9yLV9nZXR0eWltYWdlcy0xMjg0NjQ3Njg2LmpwZyZ3PTcwMA"/></p>
<p>图片来源：Getty Images。</p>
<h2>AGNC Investment 擅长其所做的事情</h2>
<p>AGNC Investment 是一家抵押贷款房地产投资信托（REIT）。它在更广泛的 REIT 领域中运营于一个高度专业化的细分市场，管理层基本上专注于管理抵押贷款证券的投资组合。抵押贷款证券类似于债券，通过将个人抵押贷款汇集而成。AGNC Investment 从其抵押贷款证券投资组合中产生的收入以股息的形式分配给投资者。</p>
<p>AGNC Investment 在长期内表现良好。值得注意的是，自首次公开募股以来，该 REIT 的总回报与 <strong>标准普尔 500 指数</strong>(SNPINDEX: ^GSPC) 非常相似。问题在于，总回报需要股息再投资，而大多数以收入为重点的投资者不太可能这样做。更常见的是，股息用于支付日常生活开支。</p>
<p><img src="https://imageproxy.pbkrs.com/https://g.foolcdn.com/image//query-dXJsPWh0dHBzOi8vbWVkaWEueWNoYXJ0cy5jb20vY2hhcnRzLzEyZGJkZGZjMzZmYTBjZDA5ZjI4NDBkYjAxYjY4NDNlLnBuZyZ3PTcwMA?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" alt="" width="700" height="459" original-src="https://imageproxy.pbkrs.com/https://g.foolcdn.com/image//query-dXJsPWh0dHBzOi8vbWVkaWEueWNoYXJ0cy5jb20vY2hhcnRzLzEyZGJkZGZjMzZmYTBjZDA5ZjI4NDBkYjAxYjY4NDNlLnBuZyZ3PTcwMA"/></p>
<p>AGNC 数据来源于 YCharts</p>
<p>正如上面的图表所强调的，总回报还不错，但股息和股价多年来都在持续下滑。如果您花掉了股息，您将会拥有更少的资本和收入。这对大多数股息投资者来说并不是理想的结果，尽管 AGNC Investment 是一家备受尊敬的抵押贷款 REIT，并且拥有高达 13.4% 的收益率。</p>
<h2>Realty Income 适合股息投资者模型</h2>
<p>如果您试图依靠股息生活，像 Realty Income 这样稳健的投资将更适合您。收益率较低，为 5.2%，但股息已连续 31 年增加。股息增长适中，历史上在低到中个位数，但随着时间的推移，股息的增长略微超过了通货膨胀。这意味着股息的购买力有所增长。</p>
<p>Realty Income 是一家传统的 REIT，拥有超过 15,500 处分布在北美和欧洲的物业。其大部分资产位于零售行业，但它也拥有工业物业以及赌场和数据中心等更独特的资产。它在整个投资组合中采用净租赁方式，租户负责大部分物业级别的运营成本。这在 REIT 领域是一种相对低风险的方式。</p>
<p>再加上投资级评级的资产负债表，以及长期以来以保守方式运营的历史，Realty Income 是一只相当乏味的股息股票。这可能使其非常适合大多数股息投资者。尽管 Realty Income 的股息收益率远低于 AGNC Investment，但仍远高于更广泛市场的 1.1% 和 REIT 平均的 3.6%。</p>
<h2>购买与您的投资策略相匹配的股票</h2>
<p>如果您只关注股息收益率，您可能会选择 AGNC Investment 而不是 Realty Income。然而，深入了解这些业务表明，它们适合非常不同类型的投资者。AGNC Investment 最适合寻求总回报的投资者，而 Realty Income 更适合那些希望利用股息支付生活开支的投资者。</p>
<h2>您现在应该购买 AGNC Investment Corp. 的股票吗？</h2>
<p>在您购买 AGNC Investment Corp. 的股票之前，请考虑以下几点：</p>
<p><em>Motley Fool Stock Advisor</em> 分析师团队刚刚确定了他们认为的 <strong>10 只最佳股票</strong>，供投资者现在购买……而 AGNC Investment Corp. 并不在其中。入选的 10 只股票在未来几年可能会产生巨大的回报。</p>
<p>考虑一下 <strong>Netflix</strong> 在 2004 年 12 月 17 日进入这个名单时……如果您在我们推荐时投资了 1,000 美元，<strong>您将拥有 475,926 美元</strong>！* 或者当 <strong>Nvidia</strong> 在 2005 年 4 月 15 日进入这个名单时……如果您在我们推荐时投资了 1,000 美元，<strong>您将拥有 1,296,608 美元</strong>！*</p>
<p>现在，值得注意的是 <em>Stock Advisor</em> 的总平均回报为 981%——相比之下，标准普尔 500 的回报为 205%。<strong>不要错过最新的前 10 名股票列表，加入由个人投资者为个人投资者建立的投资社区。</strong></p>
<p><strong>查看这 10 只股票 »</strong></p>
<p><em>*Stock Advisor 回报截至 2026 年 5 月 8 日。</em></p>
<p><em>Reuben Gregg Brewer 持有 Realty Income 的股份。Motley Fool 持有并推荐 Realty Income。Motley Fool 有披露政策。</em></p>
<p>此处表达的观点和意见是作者的观点和意见，并不一定反映 Nasdaq, Inc. 的观点。</p>

AGNC Investment Corp存托优先股F

AGNCM

AGNCN

美国资本代理公司

AGNC Investment-存托优先股E

<p>AGNC Investment 是一家抵押贷款房地产投资信托，提供 13.4% 的高股息收益率，但其总回报在近年来有所下降，使其对以收入为重点的投资者来说不太合适。相比之下，Realty Income 的收益率较低，为 5.2%，但其股息增长历史稳定，投资策略保守，更适合依赖股息来支付生活费用的投资者。投资者应根据自己的投资策略选择股票，因为 AGNC 更适合追求总回报的投资者，而 Realty Income 则适合股息投资者</p>

<h2>Key Points</h2>
<div class="lb-trans"><h2>关键要点</h2>
</div><ul>
<li>AGNC Investment is a well-respected mortgage REIT.</li>
<li>Realty Income is the largest net lease REIT.</li>
<li>AGNC Investment's yield is more than twice that of Realty Income's.</li>
<li>10 stocks we like better than AGNC Investment Corp. ›</li>
</ul>
<div class="lb-trans"><ul>
<li>AGNC Investment 是一家备受尊敬的抵押贷款房地产投资信托（REIT）。</li>
<li>Realty Income 是最大的净租赁 REIT。</li>
<li>AGNC Investment 的收益率是 Realty Income 的两倍多。</li>
<li>我们更看好的 10 只股票超过 AGNC Investment Corp. ›</li>
</ul>
</div><p>It sounds a bit trite, but it is really important for investors to know what they own. A deep understanding of what a company does, why, and how it fits with your investment approach is vital if you are going to be a long-term investor. That's particularly true if your chosen approach is dividend investing. A big yield doesn't always translate into a good investment.</p>
<div class="lb-trans"><p>这听起来有些老生常谈，但对于投资者来说，了解自己所拥有的资产真的很重要。深入理解一家公司所做的事情、原因以及它如何与您的投资策略相契合，对于长期投资者至关重要。特别是如果您选择的策略是股息投资。高收益率并不总是意味着好的投资。</p>
</div><p>That's the big takeaway when you compare <strong>AGNC Investment</strong>(NASDAQ: AGNC) and its huge 13.4% dividend yield to <strong>Realty Income's</strong>(NYSE: O) 5.2% yield. If you are using your dividends to pay for daily living expenses, Realty Income's lower yield is likely to be the better choice for you. Here's what you need to know.</p>
<div class="lb-trans"><p>这是比较 <strong>AGNC Investment</strong>(NASDAQ: AGNC) 和其高达 13.4% 股息收益率与 <strong>Realty Income</strong>(NYSE: O) 5.2% 收益率时的主要结论。如果您使用股息来支付日常生活开支，Realty Income 较低的收益率可能更适合您。以下是您需要了解的内容。</p>
</div><p><em><strong>Will AI create the world's first trillionaire?</strong> Our team just released a report on the one little-known company, called an &#34;Indispensable Monopoly&#34; providing the critical technology Nvidia and Intel both need. <strong>Continue »</strong></em></p>
<div class="lb-trans"><p><em><strong>人工智能会创造出世界上第一个万亿富翁吗？</strong> 我们的团队刚刚发布了一份关于一家鲜为人知的公司报告，该公司被称为 “不可或缺的垄断”，提供 Nvidia 和 Intel 都需要的关键技术。<strong>继续 »</strong></em></p>
</div><p><img src="https://imageproxy.pbkrs.com/https://g.foolcdn.com/image//query-dXJsPWh0dHBzOi8vZy5mb29sY2RuLmNvbS9lZGl0b3JpYWwvaW1hZ2VzLzg2ODM0Ni8yMV8wNV8xOS10d28tcGVvcGxlLWxvb2tpbmctYXQtcGFwZXJ3b3JrLXdpdGgtYS1jYWxjdWxhdG9yLV9nZXR0eWltYWdlcy0xMjg0NjQ3Njg2LmpwZyZ3PTcwMA" alt="" original-src="https://g.foolcdn.com/image/?url=https%3A%2F%2Fg.foolcdn.com%2Feditorial%2Fimages%2F868346%2F21_05_19-two-people-looking-at-paperwork-with-a-calculator-_gettyimages-1284647686.jpg&amp;w=700"/></p>
<p>Image source: Getty Images.</p>
<div class="lb-trans"><p>图片来源：Getty Images。</p>
</div><h2>AGNC Investment is good at what it does</h2>
<div class="lb-trans"><h2>AGNC Investment 擅长其所做的事情</h2>
</div><p>AGNC Investment is a mortgage real estate investment trust (REIT). It operates in a highly specialized niche of the broader REIT sector, with management basically focused on managing a portfolio of mortgage securities. Mortgage securities are similar to bonds and are created by pooling individual mortgages. The income AGNC Investment generates from its portfolio of mortgage securities is distributed to investors as dividends.</p>
<div class="lb-trans"><p>AGNC Investment 是一家抵押贷款房地产投资信托（REIT）。它在更广泛的 REIT 领域中运营于一个高度专业化的细分市场，管理层基本上专注于管理抵押贷款证券的投资组合。抵押贷款证券类似于债券，通过将个人抵押贷款汇集而成。AGNC Investment 从其抵押贷款证券投资组合中产生的收入以股息的形式分配给投资者。</p>
</div><p>AGNC Investment has done a good job over the long term. Notably, the REIT's total return has been very similar to that of the <strong>S&amp;P 500 index</strong>(SNPINDEX: ^GSPC) since its initial public offering. The problem is that total return requires dividend reinvestment, which most income-focused investors aren't likely to do. More often, dividends are used to pay for everyday living expenses.</p>
<div class="lb-trans"><p>AGNC Investment 在长期内表现良好。值得注意的是，自首次公开募股以来，该 REIT 的总回报与 <strong>标准普尔 500 指数</strong>(SNPINDEX: ^GSPC) 非常相似。问题在于，总回报需要股息再投资，而大多数以收入为重点的投资者不太可能这样做。更常见的是，股息用于支付日常生活开支。</p>
</div><p><img src="https://imageproxy.pbkrs.com/https://g.foolcdn.com/image//query-dXJsPWh0dHBzOi8vbWVkaWEueWNoYXJ0cy5jb20vY2hhcnRzLzEyZGJkZGZjMzZmYTBjZDA5ZjI4NDBkYjAxYjY4NDNlLnBuZyZ3PTcwMA" alt="" original-src="https://g.foolcdn.com/image/?url=https%3A%2F%2Fmedia.ycharts.com%2Fcharts%2F12dbddfc36fa0cd09f2840db01b6843e.png&amp;w=700"/></p>
<p>AGNC data by YCharts</p>
<div class="lb-trans"><p>AGNC 数据来源于 YCharts</p>
</div><p>As the chart above highlights, the total return is fine, but the dividend and the stock price have both been trending lower for years. If you spent the dividends, you would have ended up with less capital and less income. That won't be the ideal outcome for most dividend investors, even though AGNC Investment is a well-respected mortgage REIT and sports a huge 13.4% yield.</p>
<div class="lb-trans"><p>正如上面的图表所强调的，总回报还不错，但股息和股价多年来都在持续下滑。如果您花掉了股息，您将会拥有更少的资本和收入。这对大多数股息投资者来说并不是理想的结果，尽管 AGNC Investment 是一家备受尊敬的抵押贷款 REIT，并且拥有高达 13.4% 的收益率。</p>
</div><h2>Realty Income fits the dividend investor model</h2>
<div class="lb-trans"><h2>Realty Income 适合股息投资者模型</h2>
</div><p>If you are trying to live off of your dividends, a slow and steady tortoise like Realty Income will likely be a better fit for you. The yield is much lower, at 5.2%, but the dividend has been increased annually for 31 years. Dividend growth is modest, historically in the low to mid single digits, but over time the dividend's growth has slightly exceeded inflation. That means the dividend's buying power has grown.</p>
<div class="lb-trans"><p>如果您试图依靠股息生活，像 Realty Income 这样稳健的投资将更适合您。收益率较低，为 5.2%，但股息已连续 31 年增加。股息增长适中，历史上在低到中个位数，但随着时间的推移，股息的增长略微超过了通货膨胀。这意味着股息的购买力有所增长。</p>
</div><p>Realty Income is a traditional REIT, with a portfolio of more than 15,500 properties spread across North America and Europe. Most of its assets are in the retail sector, but it also owns industrial properties and more unique assets such as casinos and data centers. It uses a net-lease approach across its entire portfolio, with tenants responsible for most property-level operating costs. That's a fairly low-risk approach in the REIT space.</p>
<div class="lb-trans"><p>Realty Income 是一家传统的 REIT，拥有超过 15,500 处分布在北美和欧洲的物业。其大部分资产位于零售行业，但它也拥有工业物业以及赌场和数据中心等更独特的资产。它在整个投资组合中采用净租赁方式，租户负责大部分物业级别的运营成本。这在 REIT 领域是一种相对低风险的方式。</p>
</div><p>Add in an investment-grade rated balance sheet, and a long history of operating in a conservative manner, and Realty Income is a rather boring dividend stock. This will probably make it a great fit for most dividend investors. And while Realty Income's dividend yield isn't nearly as high as that of AGNC Investment, it is far above the 1.1% of the broader market and the REIT average of 3.6%.</p>
<div class="lb-trans"><p>再加上投资级评级的资产负债表，以及长期以来以保守方式运营的历史，Realty Income 是一只相当乏味的股息股票。这可能使其非常适合大多数股息投资者。尽管 Realty Income 的股息收益率远低于 AGNC Investment，但仍远高于更广泛市场的 1.1% 和 REIT 平均的 3.6%。</p>
</div><h2>Buy stocks that match your investment approach</h2>
<div class="lb-trans"><h2>购买与您的投资策略相匹配的股票</h2>
</div><p>If all you looked at was dividend yield, you would probably pick AGNC Investment over Realty Income. However, digging into the businesses shows that they are meant for very different types of investors. AGNC Investment is best suited for investors seeking total return. And Realty Income is a better dividend stock for those looking to use their dividends to pay for living expenses.</p>
<div class="lb-trans"><p>如果您只关注股息收益率，您可能会选择 AGNC Investment 而不是 Realty Income。然而，深入了解这些业务表明，它们适合非常不同类型的投资者。AGNC Investment 最适合寻求总回报的投资者，而 Realty Income 更适合那些希望利用股息支付生活开支的投资者。</p>
</div><h2>Should you buy stock in AGNC Investment Corp. right now?</h2>
<div class="lb-trans"><h2>您现在应该购买 AGNC Investment Corp. 的股票吗？</h2>
</div><p>Before you buy stock in AGNC Investment Corp., consider this:</p>
<div class="lb-trans"><p>在您购买 AGNC Investment Corp. 的股票之前，请考虑以下几点：</p>
</div><p>The <em>Motley Fool Stock Advisor</em> analyst team just identified what they believe are the <strong>10 best stocks</strong> for investors to buy now… and AGNC Investment Corp. wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.</p>
<div class="lb-trans"><p><em>Motley Fool Stock Advisor</em> 分析师团队刚刚确定了他们认为的 <strong>10 只最佳股票</strong>，供投资者现在购买……而 AGNC Investment Corp. 并不在其中。入选的 10 只股票在未来几年可能会产生巨大的回报。</p>
</div><p>Consider when <strong>Netflix</strong> made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, <strong>you’d have $475,926</strong>!* Or when <strong>Nvidia</strong> made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, <strong>you’d have $1,296,608</strong>!*</p>
<div class="lb-trans"><p>考虑一下 <strong>Netflix</strong> 在 2004 年 12 月 17 日进入这个名单时……如果您在我们推荐时投资了 1,000 美元，<strong>您将拥有 475,926 美元</strong>！* 或者当 <strong>Nvidia</strong> 在 2005 年 4 月 15 日进入这个名单时……如果您在我们推荐时投资了 1,000 美元，<strong>您将拥有 1,296,608 美元</strong>！*</p>
</div><p>Now, it’s worth noting <em>Stock Advisor’s</em> total average return is 981% — a market-crushing outperformance compared to 205% for the S&amp;P 500. <strong>Don't miss the latest top 10 list, available with <em>Stock Advisor</em>, and join an investing community built by individual investors for individual investors.</strong></p>
<div class="lb-trans"><p>现在，值得注意的是 <em>Stock Advisor</em> 的总平均回报为 981%——相比之下，标准普尔 500 的回报为 205%。<strong>不要错过最新的前 10 名股票列表，加入由个人投资者为个人投资者建立的投资社区。</strong></p>
</div><p><strong>See the 10 stocks »</strong></p>
<div class="lb-trans"><p><strong>查看这 10 只股票 »</strong></p>
</div><p><em>*Stock Advisor returns as of May 8, 2026.</em></p>
<div class="lb-trans"><p><em>*Stock Advisor 回报截至 2026 年 5 月 8 日。</em></p>
</div><p><em>Reuben Gregg Brewer has positions in Realty Income. The Motley Fool has positions in and recommends Realty Income. The Motley Fool has a disclosure policy.</em></p>
<div class="lb-trans"><p><em>Reuben Gregg Brewer 持有 Realty Income 的股份。Motley Fool 持有并推荐 Realty Income。Motley Fool 有披露政策。</em></p>
</div><p>The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.</p>
<div class="lb-trans"><p>此处表达的观点和意见是作者的观点和意见，并不一定反映 Nasdaq, Inc. 的观点。</p>
</div>

更优的股息股票：AGNC Investment 与 Realty Income