Why Is Annaly Capital's Dividend Yield So High?
Investors looking for yield are beginning to take a closer look at mortgage real estate investment trusts (REITs). Some of these stocks now have double-digit percentage dividend yields, which can help account for the elevated inflation being seen in the U.S. economy.
But mortgage REITs are not for the faint of heart.
Annaly Capital Management (NYSE: NLY) is one of the biggest mortgage REITs operating today and it is among those REITs with an elevated payout. Why does it have such a high dividend yield?
Source Fool.com
