Move Over, Annaly Stock: This Unstoppable Financial Stock Is A Better Buy Today
Annaly Capital Management (NYSE: NLY) is a popular stock. That's mainly due to the real estate investment trust's (REIT) big-time dividend yield. At over 12%, it's 10 times higher than the S&P 500's dividend yield (1.2%). I used to own Annaly stock. However, I sold my investment in the mortgage REIT due to its falling dividend and stock price. I've replaced it with Main Street Capital (NYSE: MAIN), a financial stock that does a better job of growing its dividend and shareholder value. Here's why I think th ...