Is Annaly Capital Management dividend safe?
Real estate investment trusts (REITs) routinely have high dividend yields, and Annaly Capital Management (NYSE:NLY) is one such stock with a yield that appears high but is actually quite safe and manageable.
What is the dividend for Annaly Capital?
$0.22 per common share
(NYSE: NLY) (“Annaly” or the “Company”) declared the third quarter 2021 common stock cash dividend of $0.22 per common share. This dividend is payable October 29, 2021 to common shareholders of record on September 30, 2021. The ex-dividend date is September 29, 2021.
Are Annaly dividends qualified?
Shareholders should consult their tax advisors to determine their tax treatment of any dividend distributions received from Annaly Capital Management, Inc. A portion of our ordinary dividend distribution is considered a “qualified REIT dividend” for purposes of Section 199A.
Is Annaly Capital A Good investment?
Annaly Capital Management (NLY) is a high-yielding income stock that is well-liked among retail investors. With a yield a little north of 10%, and trading around book value, this agency mREIT has merit as an income investment at current prices.
Why is Annaly Capital dividend so high?
One of the reasons why Annaly pays such a big dividend is that it is structured as a real estate investment trust. REITs are pass-through entities that avoid corporate-level taxation by delivering at least 90% of their earnings on to investors. Investors pay tax on the dividends at their normal income tax rate.
How often does Annaly Capital pay dividends?
4 dividends per year
Dividend Summary There are typically 4 dividends per year (excluding specials).
Did Annaly cut their dividend?
It has approved a $0.22 quarterly dividend for the second quarter, payable on July 30. The company’s forward dividend yield is 283.5% higher than the 2.49% industry average. However, NLY has been reducing its dividend payouts over the past couple of years.
How much does Annaly pay in dividends?
NLY pays a dividend of $0.88 per share. NLY’s annual dividend yield is 10.49%. Annaly Capital Management’s dividend is higher than the US REIT – Mortgage industry average of 8.56%, and it is higher than the US market average of 4.41%.
Is NLY still paying a dividend?
Add Annaly Capital Management Inc to receive free notifications when they declare their dividends….Dividend Summary.
| Summary | Previous dividend | Next dividend |
|---|---|---|
| Status | Paid | Forecast |
| Type | Quarterly | Quarterly |
| Per share | 22c | Sign Up Required |
| Declaration date | 09 Sep 2021 (Thu) | 09 Dec 2021 (Thu) |
Is nly a quarterly dividend?
(NLY) has been paying regular, quarterly dividends for more than two decades. The company paid a $0.22 quarterly dividend on July 30, which cumulates to an $0.88 annual dividend and yields 10.37%. Its four-year average dividend yield is 12.47%.
What is Annaly Capital?
Annaly Capital Management is one of the largest mortgage real estate investment trusts. It is organized in Maryland with its principal office in New York City. The company borrows money, primarily via short term repurchase agreements, and reinvests the proceeds in asset-backed securities.