Annaly Capital Management (NLY 0.25%) pays a whopping dividend. At its current payment rate, its forward dividend yield is approaching 13%. That's nearly 10 times higher than the S&P 500's dividend yield of slightly more than 1.3% over the past 12 months. Annaly's CEO, David Finkelstein, addressed the dividend concerns head-on during the first-quarter call. "Notwithstanding lower leverage, the prevailing return environment gives us confidence in the durability of the portfolio earnings profile," he said. Th ...

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The mortgage real estate investment trust has suffered large book value declines in the last two years due to widening mortgage-backed security spreads as well as higher funding costs. With Annaly Capital Management's net interest margin improving in the last quarter and short-term inflation expectations implying a cooling of core inflation, I think the central bank could soon push the button and initiate the much-awaited rate-cutting cycle. Annaly Capital Management's mortgage-backed security portfolio is ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q ☑ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 ANNALY CAPITAL MANAGEMENT INC (Exact Name of Registrant as Specified in its Charter) Maryland 22-3479661 (State or other jurisdiction of incorporation or organization) (IRS Employer Identification No.) 1211 Avenue of the Americas New York, New York 10036 (Address of principal executive offices) (Zip Code) (212) 696-0100 (Registrant's tele ...

Annaly Capital Management's earnings fell short of its dividend payment in the first quarter.Annaly Capital Management (NLY 0.59%) currently offers a monster dividend yield. At 14%, it's 10 times higher than the S&P 500's 1.4% dividend yield. However, the mortgage REIT's earnings during the first quarter were less than its dividend payment. That's a concern because the company has cut its payout in the past due to its inability to outearn its dividend. With market conditions growing more volatile in recent ...

Annaly Capital Management, Inc. (NYSE:NLY) Q1 2024 Earnings Conference Call April 25, 2024 9:00 AM ET Company Participants Sean Kensil - Director and Investor Relations David Finkelstein - Chief Executive Officer and Chief Investment Officer Serena Wolfe - Chief Financial Officer Ken Adler - Head of Mortgage Servicing Rights and Head of Portfolio Analytics Mike Fania - Deputy Chief Investment Officer and Head of Residential Credit Conference Call Participants Bose George - KBW Doug Harter - UBS Rick Shane - ...

Annaly Capital Management, Inc. (NLY) reported first-quarter earnings available for distribution (EAD) per average share of 64 cents, meeting the Zacks Consensus Estimate. However, the figure declined from the 81 cents reported in the year-ago quarter.NLY registered a year-over-year decline in book value per share (BVPS) and the margin, while the average yield on interest-earning assets improved.Inside the HeadlinesNet interest income (NII) was negative $6.4 million in the reported quarter. The Zacks Consen ...

ANNALY * First Quarter 2024 Investor Presentation April 24, 2024 This presentation is issued by Annaly Capital Management, Inc. ("Annaly"), an internally-managed, publicly traded company that has elected to be taxed as a real estate investment trust for federal income tax purposes, and is being furnished in connection with Annaly's First Quarter 2024 earnings release. This presentation is provided for investors in Annaly for informational purposes only and is not an offer to sell, or a solicitation of an of ...

ANNALY CAPITAL MANAGEMENT, INC. REPORTS 1st QUARTER 2024 RESULTS NEW YORK—April 24, 2024—Annaly Capital Management, Inc. (NYSE: NLY) ("Annaly" or the "Company") today announced its financial results for the quarter ended March 31, 2024. Financial Highlights Business Highlights Investment and Strategy Financing and Capital "We were pleased to generate a 4.8% economic return in the first quarter as each of our three investment strategies contributed to our book value appreciation, as well as generated stable ...

Although Annaly Capital and UDR are both REITs, only one is appropriate for dividend investors looking for a reliable income stream.If you are looking for dividend income, you might find Annaly Capital Management's (NLY 1.69%) huge 14.2% dividend yield attractive. But you'd be better off buying UDR's (UDR 0.70%) much smaller 4.6% yield. Here's what you need to know before you end up adding a serial dividend cutter to your portfolio and pass up a historically high yield from a reliable dividend grower.Annaly ...