Ultra High Yield Annaly: Buy, Sell, or Hold?
Annaly(NLY) The Motley Fool·2024-10-16 18:16
Annaly Capital has a huge 13% dividend yield, but don't buy it for the yield because the stock may end up letting you down in the long run. Annaly Capital (NLY 0.96%) is one of those stocks that looks like it is a great choice for a specific type of investor, but is really intended for investors with a different approach. In this case, the ultra high yield of 13% screams dividend stock. But in reality, this mortgage real estate investment trust (REIT) isn't a reliable dividend payer. Here's a deeper dive in ...