And you would have dividend worth more than your investment over this time frame. Yep, don't want any of this crap. You should go out and buy some apple or amzn or priceline right now. I am sure they will continue to pay those great dividends and go higher. What? No dividends ever paid? Oh!
I first bought Annaly in the last quarter of 2002. After accounting for a loss in share price, my annual total return has been over 8%. That was without reinvesting the dividends. Not spectacular, and certainly not worry free, but very rewarding compared with equities in general over the last 9 years. I do think NLY is a gamble that not everyone can afford to take.
Let's see. I bought AGNC in Feb 2011. I am down ~$1,100 on the share price since then. I am up $3,900 in dividends. A return of ~14%. Gee, I just wish I had more cash to put there. NLY similar but not as good of a story. Down $208 on share price. Up $237 in dividend. So only about a 3.5% return. But it IS just ex-div a few days. Can't get 3.5% in a bank on a $1,500 investment. And diversification is everything, even within a segment. I'm cash positive in this segment with ease. Why is this hard to figure out???
Really, why don't you go and look at the total return on this stock in your brokerage account. The total return based on the last 5 years is 121%. Buy on dips and just soak up the dividend. I've been doing it for years and am quite happy.