Prominent billionaire investors shockingly sent two premier income stocks to the chopping block in the March-ended quarter, while piling into a monthly dividend payer with a nearly 15% yield.
Sky-high dividend yields suggest these stocks are too hot to handle, but billionaires bought millions of shares in the first quarter.
If you are looking at AGNC, enticed by its huge dividend yield, you would probably be better off with dividend growth stock Rexford Industrial.