Nly dividend
8/24/2024 04:59am
Annaly Capital Management Inc (NLY) has a history of paying dividends, with the most recent ex-dividend date being June 28, 2024, and the dividend payment date being July 31, 2024, for an amount of $0.65 per share. NLY's dividend yield stands at 13.16%, which is significantly higher than the average for the real estate sector, indicating a high return on investment for shareholders. The payout ratio for NLY's dividend is 97.59%, which suggests that the company is paying out a substantial portion of its earnings as dividends. This high payout ratio could be a concern for some investors, as it may indicate that the company is not retaining enough earnings to support its business operations and growth. However, NLY's dividend growth over the past year and the analyst consensus of "Moderate Buy" provide some reassurance. It is important for investors to monitor the sustainability of NLY's dividend payouts and the company's financial performance to make informed investment decisions.