Annaly Capital Management (NLY) declares $0.50/share quarterly dividend, 9.1% decrease from...

Annaly Capital Management (NLY) declares $0.50/share quarterly dividend, 9.1% decrease from prior dividend of $0.55. Forward yield 11.57%. For shareholders of record Oct 01. Payable Oct 29. Ex-div date Sep 27. (PR)
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Comments (13)
  • Sealegs111
    , contributor
    Comments (2) | Send Message
    So, wasn't this expected? Risk adjusted still quite good with top management.
    19 Sep 2012, 04:43 PM Reply Like
  • TwistTie
    , contributor
    Comments (2429) | Send Message


    Expected like a spanking.
    19 Sep 2012, 04:45 PM Reply Like
  • Brian Bobbitt
    , contributor
    Comments (2083) | Send Message
    What goes up... is still good... LOL, think I'm sellin'?
    NO WAY BABY! Another buying opportunity.


    Capt. Brian
    The Lost Navigator


    I owe two stock talks,and they are comin' up soon, in the middle of selling my business.
    19 Sep 2012, 04:52 PM Reply Like
  • oskar96
    , contributor
    Comments (97) | Send Message
    Not many other stocks pay 50 cents/share per quarter. I'm still satisfied.
    19 Sep 2012, 04:59 PM Reply Like
  • AggGrow
    , contributor
    Comments (210) | Send Message
    This was a steeper drop than I expected. Spread is still large, prepayments are still low, and CPR is still low, so why such a drop?


    I'll bet the answer will lie in their hedging. Maybe they over bet on the conservative side and lost a lot in swaps. Thoughts?


    Still long, but AGNC / CIM are looking a bit better to me after this news.
    19 Sep 2012, 05:09 PM Reply Like
  • JLesinski
    , contributor
    Comments (216) | Send Message
    We'll find out on the next call. The spread was compressed a little and perhaps you are correct with your theory on some over zealous hedging leading to losses. With the spread expanding now however, I think this .50 dividend will be safe for a while, if not an increase depending on how the markets react to QE3; so far, it has been encouraging in all aspects.


    Long NLY
    20 Sep 2012, 12:25 PM Reply Like
  • saltspring
    , contributor
    Comments (14) | Send Message
    it is exactly what i predicted. soon time to buy again !
    19 Sep 2012, 06:48 PM Reply Like
  • macpaulsen
    , contributor
    Comments (30) | Send Message
    I'm on hold on this one.If I were to invest more at this time I'd probably go for WMC
    19 Sep 2012, 07:48 PM Reply Like
  • Dakco
    , contributor
    Comments (9) | Send Message
    it's Bush's fault.
    19 Sep 2012, 08:50 PM Reply Like
  • Dakco
    , contributor
    Comments (9) | Send Message
    It's Bush's fault.
    19 Sep 2012, 08:50 PM Reply Like
  • kingdad
    , contributor
    Comments (1371) | Send Message
    This should increase the value of the preferred shares some too.
    long NLYPRC
    20 Sep 2012, 04:03 AM Reply Like
  • Kirita
    , contributor
    Comment (1) | Send Message
    I will do one better.
    It has to be Nixon's fault for letting China to open up.
    Him and Kissinger for having all those secret trips, for what?
    To get China to open for Coke or Pepsi-Cola or whatever.
    He had to be a crook. And so was Madame de Pompadur.
    She had no right to steal the King of France's favors from his lovely wife, the Queen. They all deserve to be sent to jail or something like that....!!!
    20 Sep 2012, 04:54 AM Reply Like
  • bysie
    , contributor
    Comments (8) | Send Message
    Higher dividend - stock price goes higher. Lower dividend - stock price falls. YIELD . in both scenes...approx. the same.


    Its a balancing act...get the balance right and you don´t need to worry.
    It´ll soon be time to buy at lower levels.
    Next month big brother is buying, big time, so a pullback would be nice, then I´m buying, you know - don´t fight the Fed.
    20 Sep 2012, 08:10 AM Reply Like
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