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Annaly Capital Management, Inc. Message Board

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  • mhatmccane mhatmccane Dec 27, 2004 3:01 PM Flag

    NLY and NFI

    Interesting chart. The 52 wk range for NFI is 28.75 to 70.32 per Yahoo; the 52 wk range for NLY is 15.94 to 21.22 per Yahoo. How did NFI fall below NLY?

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    • take a look at the 3 here..... and suppose you have $1000 to spend on one and look for the best return via divi.... http://finance.yahoo.com/q/bc?t=1y&s=NLY&l=on&z=m&q=l&c=nfi%2Cimh

      NFI - $1000 divide by $51/share = 20 shares x $1.40/share dividend = $28.

      NLY - the same calc results in $25 in dividends.

      IMH - $1000 divide by $20/share = 50 shares x $ .75/share = $32.50 in dividends.

      My money/$1000 would go to IMH. Food for thought only.

      • 3 Replies to Jaye_J
      • an interesting comment from the NFI message Board that happens to compare IMH and NFI:

        http://messages.yahoo.com/bbs?.mm=FN&action=m&board=8729314&tid=nfi&sid=8729314&
        mid=241692&um=50&.sig=

      • Jaye inresponse to you post below:

        take a look at the 3 here..... and suppose you have $1000 to spend on one and look for the best return via divi.... http://finance.yahoo.com/q/bc?t=1y&s=NLY&l=on&z=m&q=l&c=nfi%2Cimh

        NFI - $1000 divide by $51/share = 20 shares x $1.40/share dividend = $28.

        NLY - the same calc results in $25 in dividends.

        IMH - $1000 divide by $20/share = 50 shares x $ .75/share = $32.50 in dividends.

        My money/$1000 would go to IMH. Food for thought only.
        ---------------------------------------------
        IMH in fact looks better at first glance in terms of dividends --but the charts and your figures don't calculate the special divvy that NFI just annouced of $1.25. Assuming that all your figures were for quarterly dividends: one divides the announced bonus dividend $1.25 by 4 for an extra 31.25 cents per share per quarter. So the NFI figure becomes $1.7125 per share. The math then is:

        NFI - $1000 divide by $51/share = 20 shares x $1.7125/share dividend = $34.25 in dividends per quarter.

        Now in fact I did a bit better than that since I bought my shares at $42.60 per share and wish I had bought more. The folks who bought when it was at it's low of $28 due to the huge short attack last April of course made a killing in both dividends and pps.

        Managment has just annouced that next year they intend to maintain the basic quarterly $1.40 per share along with bonuses.

        I would have preferred knowing what is coming down the pike in terms of dividends, but I would also assume that the bonus dividends to be announced whenever will keep shorts a bit off balance.

        I will in fact take a closer look at IMH for future investment possibility. Thanks for the feedback.

 
NLY
10.17-0.04(-0.39%)Aug 28 4:00 PMEDT