Annaly Capital looks appealing because of its huge dividend yield, but it isn't an income stock when you look more closely. Despite a gigantic 12.6% dividend yield, Annaly Capital Management (NLY 1.27%) shouldn't be looked at as an income stock. That should bring up the question, "How could a high-yield real estate investment trust (REIT), which is basically designed to pass income on to investors, not be an income stock?" There's a lot to understand before you consider buying this niche REIT. What does Ann ...