<h2>關鍵要點</h2>
<ul>
<li>AGNC Investment 是一家備受尊敬的抵押貸款房地產投資信託（REIT）。</li>
<li>Realty Income 是最大的淨租賃 REIT。</li>
<li>AGNC Investment 的收益率是 Realty Income 的兩倍多。</li>
<li>我們更看好的 10 只股票超過 AGNC Investment Corp. ›</li>
</ul>
<p>這聽起來有些老生常談，但對於投資者來説，瞭解自己所擁有的資產真的很重要。深入理解一家公司所做的事情、原因以及它如何與您的投資策略相契合，對於長期投資者至關重要。特別是如果您選擇的策略是股息投資。高收益率並不總是意味着好的投資。</p>
<p>這是比較 <strong>AGNC Investment</strong>(NASDAQ: AGNC) 和其高達 13.4% 股息收益率與 <strong>Realty Income</strong>(NYSE: O) 5.2% 收益率時的主要結論。如果您使用股息來支付日常生活開支，Realty Income 較低的收益率可能更適合您。以下是您需要了解的內容。</p>
<p><em><strong>人工智能會創造出世界上第一個萬億富翁嗎？</strong> 我們的團隊剛剛發佈了一份關於一家鮮為人知的公司報告，該公司被稱為 “不可或缺的壟斷”，提供 Nvidia 和 Intel 都需要的關鍵技術。<strong>繼續 »</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>圖片來源：Getty Images。</p>
<h2>AGNC Investment 擅長其所做的事情</h2>
<p>AGNC Investment 是一家抵押貸款房地產投資信託（REIT）。它在更廣泛的 REIT 領域中運營於一個高度專業化的細分市場，管理層基本上專注於管理抵押貸款證券的投資組合。抵押貸款證券類似於債券，通過將個人抵押貸款彙集而成。AGNC Investment 從其抵押貸款證券投資組合中產生的收入以股息的形式分配給投資者。</p>
<p>AGNC Investment 在長期內表現良好。值得注意的是，自首次公開募股以來，該 REIT 的總回報與 <strong>標準普爾 500 指數</strong>(SNPINDEX: ^GSPC) 非常相似。問題在於，總回報需要股息再投資，而大多數以收入為重點的投資者不太可能這樣做。更常見的是，股息用於支付日常生活開支。</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 數據來源於 YCharts</p>
<p>正如上面的圖表所強調的，總回報還不錯，但股息和股價多年來都在持續下滑。如果您花掉了股息，您將會擁有更少的資本和收入。這對大多數股息投資者來説並不是理想的結果，儘管 AGNC Investment 是一家備受尊敬的抵押貸款 REIT，並且擁有高達 13.4% 的收益率。</p>
<h2>Realty Income 適合股息投資者模型</h2>
<p>如果您試圖依靠股息生活，像 Realty Income 這樣穩健的投資將更適合您。收益率較低，為 5.2%，但股息已連續 31 年增加。股息增長適中，歷史上在低到中個位數，但隨着時間的推移，股息的增長略微超過了通貨膨脹。這意味着股息的購買力有所增長。</p>
<p>Realty Income 是一家傳統的 REIT，擁有超過 15,500 處分佈在北美和歐洲的物業。其大部分資產位於零售行業，但它也擁有工業物業以及賭場和數據中心等更獨特的資產。它在整個投資組合中採用淨租賃方式，租户負責大部分物業級別的運營成本。這在 REIT 領域是一種相對低風險的方式。</p>
<p>再加上投資級評級的資產負債表，以及長期以來以保守方式運營的歷史，Realty Income 是一隻相當乏味的股息股票。這可能使其非常適合大多數股息投資者。儘管 Realty Income 的股息收益率遠低於 AGNC Investment，但仍遠高於更廣泛市場的 1.1% 和 REIT 平均的 3.6%。</p>
<h2>購買與您的投資策略相匹配的股票</h2>
<p>如果您只關注股息收益率，您可能會選擇 AGNC Investment 而不是 Realty Income。然而，深入瞭解這些業務表明，它們適合非常不同類型的投資者。AGNC Investment 最適合尋求總回報的投資者，而 Realty Income 更適合那些希望利用股息支付生活開支的投資者。</p>
<h2>您現在應該購買 AGNC Investment Corp. 的股票嗎？</h2>
<p>在您購買 AGNC Investment Corp. 的股票之前，請考慮以下幾點：</p>
<p><em>Motley Fool Stock Advisor</em> 分析師團隊剛剛確定了他們認為的 <strong>10 只最佳股票</strong>，供投資者現在購買……而 AGNC Investment Corp. 並不在其中。入選的 10 只股票在未來幾年可能會產生巨大的回報。</p>
<p>考慮一下 <strong>Netflix</strong> 在 2004 年 12 月 17 日進入這個名單時……如果您在我們推薦時投資了 1,000 美元，<strong>您將擁有 475,926 美元</strong>！* 或者當 <strong>Nvidia</strong> 在 2005 年 4 月 15 日進入這個名單時……如果您在我們推薦時投資了 1,000 美元，<strong>您將擁有 1,296,608 美元</strong>！*</p>
<p>現在，值得注意的是 <em>Stock Advisor</em> 的總平均回報為 981%——相比之下，標準普爾 500 的回報為 205%。<strong>不要錯過最新的前 10 名股票列表，加入由個人投資者為個人投資者建立的投資社區。</strong></p>
<p><strong>查看這 10 只股票 »</strong></p>
<p><em>*Stock Advisor 回報截至 2026 年 5 月 8 日。</em></p>
<p><em>Reuben Gregg Brewer 持有 Realty Income 的股份。Motley Fool 持有並推薦 Realty Income。Motley Fool 有披露政策。</em></p>
<p>此處表達的觀點和意見是作者的觀點和意見，並不一定反映 Nasdaq, Inc. 的觀點。</p>

AGNC Investment Corp存託優先股F

AGNCM

AGNCN

美國資本代理公司

AGNC Investment-存託優先股E

<p>AGNC Investment 是一家抵押貸款房地產投資信託，提供 13.4% 的高股息收益率，但其總回報在近年來有所下降，使其對以收入為重點的投資者來説不太合適。相比之下，Realty Income 的收益率較低，為 5.2%，但其股息增長曆史穩定，投資策略保守，更適合依賴股息來支付生活費用的投資者。投資者應根據自己的投資策略選擇股票，因為 AGNC 更適合追求總回報的投資者，而 Realty Income 則適合股息投資者</p>

<h2>Key Points</h2>
<div class="lb-trans"><h2>關鍵要點</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 是一家備受尊敬的抵押貸款房地產投資信託（REIT）。</li>
<li>Realty Income 是最大的淨租賃 REIT。</li>
<li>AGNC Investment 的收益率是 Realty Income 的兩倍多。</li>
<li>我們更看好的 10 只股票超過 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>這聽起來有些老生常談，但對於投資者來説，瞭解自己所擁有的資產真的很重要。深入理解一家公司所做的事情、原因以及它如何與您的投資策略相契合，對於長期投資者至關重要。特別是如果您選擇的策略是股息投資。高收益率並不總是意味着好的投資。</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>這是比較 <strong>AGNC Investment</strong>(NASDAQ: AGNC) 和其高達 13.4% 股息收益率與 <strong>Realty Income</strong>(NYSE: O) 5.2% 收益率時的主要結論。如果您使用股息來支付日常生活開支，Realty Income 較低的收益率可能更適合您。以下是您需要了解的內容。</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>人工智能會創造出世界上第一個萬億富翁嗎？</strong> 我們的團隊剛剛發佈了一份關於一家鮮為人知的公司報告，該公司被稱為 “不可或缺的壟斷”，提供 Nvidia 和 Intel 都需要的關鍵技術。<strong>繼續 »</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>圖片來源：Getty Images。</p>
</div><h2>AGNC Investment is good at what it does</h2>
<div class="lb-trans"><h2>AGNC Investment 擅長其所做的事情</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 是一家抵押貸款房地產投資信託（REIT）。它在更廣泛的 REIT 領域中運營於一個高度專業化的細分市場，管理層基本上專注於管理抵押貸款證券的投資組合。抵押貸款證券類似於債券，通過將個人抵押貸款彙集而成。AGNC Investment 從其抵押貸款證券投資組合中產生的收入以股息的形式分配給投資者。</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 在長期內表現良好。值得注意的是，自首次公開募股以來，該 REIT 的總回報與 <strong>標準普爾 500 指數</strong>(SNPINDEX: ^GSPC) 非常相似。問題在於，總回報需要股息再投資，而大多數以收入為重點的投資者不太可能這樣做。更常見的是，股息用於支付日常生活開支。</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 數據來源於 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>正如上面的圖表所強調的，總回報還不錯，但股息和股價多年來都在持續下滑。如果您花掉了股息，您將會擁有更少的資本和收入。這對大多數股息投資者來説並不是理想的結果，儘管 AGNC Investment 是一家備受尊敬的抵押貸款 REIT，並且擁有高達 13.4% 的收益率。</p>
</div><h2>Realty Income fits the dividend investor model</h2>
<div class="lb-trans"><h2>Realty Income 適合股息投資者模型</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>如果您試圖依靠股息生活，像 Realty Income 這樣穩健的投資將更適合您。收益率較低，為 5.2%，但股息已連續 31 年增加。股息增長適中，歷史上在低到中個位數，但隨着時間的推移，股息的增長略微超過了通貨膨脹。這意味着股息的購買力有所增長。</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 是一家傳統的 REIT，擁有超過 15,500 處分佈在北美和歐洲的物業。其大部分資產位於零售行業，但它也擁有工業物業以及賭場和數據中心等更獨特的資產。它在整個投資組合中採用淨租賃方式，租户負責大部分物業級別的運營成本。這在 REIT 領域是一種相對低風險的方式。</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>再加上投資級評級的資產負債表，以及長期以來以保守方式運營的歷史，Realty Income 是一隻相當乏味的股息股票。這可能使其非常適合大多數股息投資者。儘管 Realty Income 的股息收益率遠低於 AGNC Investment，但仍遠高於更廣泛市場的 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>購買與您的投資策略相匹配的股票</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>如果您只關注股息收益率，您可能會選擇 AGNC Investment 而不是 Realty Income。然而，深入瞭解這些業務表明，它們適合非常不同類型的投資者。AGNC Investment 最適合尋求總回報的投資者，而 Realty Income 更適合那些希望利用股息支付生活開支的投資者。</p>
</div><h2>Should you buy stock in AGNC Investment Corp. right now?</h2>
<div class="lb-trans"><h2>您現在應該購買 AGNC Investment Corp. 的股票嗎？</h2>
</div><p>Before you buy stock in AGNC Investment Corp., consider this:</p>
<div class="lb-trans"><p>在您購買 AGNC Investment Corp. 的股票之前，請考慮以下幾點：</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> 分析師團隊剛剛確定了他們認為的 <strong>10 只最佳股票</strong>，供投資者現在購買……而 AGNC Investment Corp. 並不在其中。入選的 10 只股票在未來幾年可能會產生巨大的回報。</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>考慮一下 <strong>Netflix</strong> 在 2004 年 12 月 17 日進入這個名單時……如果您在我們推薦時投資了 1,000 美元，<strong>您將擁有 475,926 美元</strong>！* 或者當 <strong>Nvidia</strong> 在 2005 年 4 月 15 日進入這個名單時……如果您在我們推薦時投資了 1,000 美元，<strong>您將擁有 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>現在，值得注意的是 <em>Stock Advisor</em> 的總平均回報為 981%——相比之下，標準普爾 500 的回報為 205%。<strong>不要錯過最新的前 10 名股票列表，加入由個人投資者為個人投資者建立的投資社區。</strong></p>
</div><p><strong>See the 10 stocks »</strong></p>
<div class="lb-trans"><p><strong>查看這 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 回報截至 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 持有並推薦 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>此處表達的觀點和意見是作者的觀點和意見，並不一定反映 Nasdaq, Inc. 的觀點。</p>
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更優的股息股票：AGNC Investment 與 Realty Income