Microsoft strongly encourages users to switch to a different browser than Internet Explorer as it no longer meets modern web and security standards. Therefore we cannot guarantee that our site fully works in Internet Explorer. You can use Chrome or Firefox instead.

Is This Nearly 14%-Yielding Dividend in Trouble Again?

TheMotleyFool

0 0

Annaly Capital Management (NYSE: NLY) currently pays a monster dividend. The mortgage-focused real estate investment trust (REIT) yields nearly 14%. That's about 10 times the S 500's dividend yield.

However, the mortgage REIT's high-yielding payout comes with a huge caveat: Annaly has cut its dividend several times in the past, including by 26% last year. Here's a look at whether its big-time payout could be in trouble again.

Annaly cut its dividend early last year due to the expectation that higher interest rates would weigh on its earnings available for distribution. That's exactly what happened:

Source Fool.com

Like: 0

NLY

Share