Tue, Sep 2, 2014, 12:28 AM EDT - U.S. Markets open in 9 hrs 2 mins


% | $
Quotes you view appear here for quick access.

Annaly Capital Management, Inc. Message Board

you are viewing a single comment's thread.

view the rest of the posts
  • yando1946 yando1946 Sep 23, 2004 2:43 PM Flag

    NLY Advice, please?

    Best guess

    It probably doesn't make that much difference when you buy except for possible tax consequences and if you are in an IRA there are no tax consequencs. You can buy now and set it up immediately as a DRIP. When it DRIPS and you end with new shares the price per share will also probably drop about the amount of the dividend.

    Or you can wait to buy after the divy at a lower rate and get a few more shares then instead of through the DRIP. In either case, you will probably end up with approximately the same value. There will be deferred tax consequences by waiting to buy after the divy vs. tax consequences this year by buying and collecting the divy this year.

    Of course that all depends on nothing erratic happening with the share price during this short time period.

    SortNewest  |  Oldest  |  Most Replied Expand all replies
11.90+0.05(+0.42%)Aug 29 4:00 PMEDT

Trending Tickers

Trending Tickers features significant U.S. stocks showing the most dramatic increase in user interest in Yahoo Finance in the previous hour over historic norms. The list is limited to those equities which trade at least 100,000 shares on an average day and have a market cap of more than $300 million.
Exelixis, Inc.
NasdaqGSFri, Aug 29, 2014 4:00 PM EDT
Criteo SA
NasdaqGSFri, Aug 29, 2014 4:00 PM EDT