AGNC has a quarterly dividend of $1.25 per share, which is an annualized yield of 16.0% with February 7's closing price of $31.20. The management at AGNC has also done a phenomenal job of managing their dividend and has kept it constant at $1.25 for the past four quarters (prior to that it was $1.40). Compare this with Annaly which offers a quarterly dividend of $0.45 per share (which has been decreasing since the second quarter of 2011), which is an annualized yield of 12.3% using the closing price of $14.66 on February 7.