NLY Stock Recent News
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Despite huge dividend yields, this sector is getting hammered. Shares could achieve this upside even without trading at Net Asset Value. Another peer already saw a similar recovery.
Warehouse giant Prologis is seeing significant rent growth, and it has raw land to build on. Rexford Industrial is highly concentrated in California, but it happens to be a very advantageous market.
Retail investors need to manage their expectations and understand that stock market volatility is normal. While it can be unnerving at times, it doesn't have to be frightening. Our goal is to have a portfolio that will generate the income we need every year – regardless of what happens in the economy. The best way to do this is to have a variety of holdings, in a variety of sectors that will perform differently in different economic environments.
Annaly Capital 6.95% Preferred Shares Series F offers a high yield with less risk compared to the company's common equity. The preferred shares have a variable rate tied to SOFR, resulting in increased payouts as interest rates rise. While there is still interest rate risk, the preferred shares can serve as a hedge against conventional bonds and preferreds in an investor's portfolio.
Annaly Capital Management (NLY) closed the most recent trading day at $19.52, moving -0.41% from the previous trading session.
Annaly Capital has a fat 13% dividend yield. It is a real estate investment trust that invests in mortgage securities.
Ready Capital and New York Mortgage Trust both reduced their dividends, surprising investors. Fixed-to-floating preferred shares are experiencing large rallies as investors anticipate dividend increases. Treasury yields have fallen, leading to higher values for REITs, other stocks, and just about everything.
Annaly Capital Management, Inc. ( NYSE:NLY) is trying to brush off a bear note from Piper Sandler today, after the firm lowered its price target to $18 from $21.
This article compares NLY's recent dividend per share rates, yield percentages, and several dividend sustainability metrics to 19 mREIT peers. This includes an analysis of NLY's quarterly estimated REIT taxable income, estimated core earnings, and normalized core earnings, which directly impact the company's dividend sustainability. This article also discusses NLY's dividend decrease for the first quarter of 2023, along with projecting NLY's dividend sustainability for Q4 2023 – Q1 2024.
Agency MBS is an attractive asset class for income investors due to its cheap valuation, high quality, and diversification benefits. The option-adjusted spread for Agency MBS is elevated compared to corporate credit spreads, making it an appealing investment. There are various ways to invest in Agency MBS, including through mortgage REITs, leveraged CEFs, unleveraged ETFs, and mREIT preferreds.