You will see the announcement date on the date it is announced. That's what announcement date means. Given that, It will be the 18'th.
Check my response to alanlee in nearby post chain 10 year way down. Also check my earlier post math lesson from July. Link those 2sequentially and you have my guesstimate of NLY' s path over the next 5 weeks or só. $11.50 Do DD
I figured it was around the 20th, give or take a few days. I will be traveling and may not have easy access to the market, hense my question.
Why Oct 3? Last ex-d was 27 June. Add 3 months that gives 27 Sep, a Sat. Maybe previous day or following Mon? NLY moved proportionally and precipitously downward from mid June to about actual payout date (end of July) and then stabilized and began upward trend. See my post 'Math Lesson' end of July.
NLY has always been ready for a SLOW, but steady rise in rates starting early 2015. I think they are sitting in a good spot today with historically low amounts of leverage and their Book Value is fine which still gets them plenty of access to capital when the time is right.
I think the market is still so uncertain about what the Fed will do it's making some cautious about REITs in general, but I'm ok with that. Everything still points to the Fed starting to raise rates slowly next year so I expect NLY will be ok. If the market wants to come back to NLY later this fall it just lets my Div. check buy more shares at a cheaper price.
Nothing I see spooks me away from NLY.
Not a correct date for owner of record date stated as Sept. 2nd posted by cmgarrison3
The correct date is Approx. Oct. 2nd
Thanks arrrrrrrrrough and a family friend who happens to be the best horse racing call announcer ever will be calling his last race on August 31 at Saratoga Race Track....HIs name is Tom Durkin and in honor of your user name here I must tell you to go to Youtube and put into search
Tom Durkin - Arrrrr Arrrrr Arrrrr
and listen to Tom call the race with a horse name Arrrrr in it :)
(as I do not think Yahoo will allow links in post..so I can link to the video for you )