Annaly Capital Management: "I'm warming up to Annaly. Getting a little more disclosure. I'm starting to feel pretty good about that 11.5 percent yield. It may actually be a good one. That's a new policy for me."
we got a long way to go and a short time to get there, we gotta do what they say can't be done.... ain't that right Fred! :)
Sentiment: Strong Buy
i did put a $ sign in front of the 250M.... Let me be clearer
That's 250 Million dollars per quarter of NLY shares being repurchased
In other news, i Approve of the HTS deal.... Go NLY!
Aug 5 2015,
NEW YORK--(BUSINESS WIRE)-- Annaly Capital Management, Inc. (NYSE:NLY) (“Annaly” or the “Company”) today announced that its Board of Directors has authorized the repurchase of up to $1 billion of its outstanding common shares through December 31, 2016.
Like i said in December, i expect a quarter point increase around June "this summer" and perhaps another this December. NLY is looking good
I think FOMC wants to hike again, but may not