Annaly Capital: Cheap While Beating Earnings And Hiking Dividends

• click to rate

  Posted by Two Blokes Jun 4 - Filed in Stock - 8 views
  
  Annaly Capital is a mortgage REIT that has experienced some issues resulting in dividend cuts in recent years. More recently, the REIT raised its dividend, resulting in a 15% yield. NLY's mortgage backed securities are largely fixed rate so they benefit from falling rates--which I see materializing in the near term.