NLY announced a cash dividend of 0.65 with an ex-date of Mar. 30, 2023
|Bid||0.00 x 1400|
|Ask||0.00 x 1800|
|Day's Range||18.79 - 19.22|
|52 Week Range||15.11 - 29.88|
|Beta (5Y Monthly)||1.43|
|PE Ratio (TTM)||4.83|
|Earnings Date||Apr 25, 2023 - May 01, 2023|
|Forward Dividend & Yield||2.60 (13.59%)|
|Ex-Dividend Date||Mar 30, 2023|
|1y Target Est||22.72|
Subscribe to Yahoo Finance Plus to view Fair Value for NLY
Why investors should use the Zacks Earnings ESP tool to help find stocks that are poised to top quarterly earnings estimates.
Often, when a stock has a high and rising dividend yield, it's a red flag that the dividend may not be sustainable. This is exactly what happened recently with two popular dividend stocks, Intel (NASDAQ: INTC) and Annaly Capital Management (NYSE: NLY). Intel, the semiconductor chipmaker, slashed its quarterly dividend in late February to $0.125 per share, down from $0.365 the previous quarter -- a 66% cut.
In the latest trading session, Annaly Capital Management (NLY) closed at $18.25, marking a -1.83% move from the previous day.