More on Annaly (NLY) Q4 earnings: Book value of $15.85 down from $16.60 in Q3. Net interest...

|About: Annaly Capital Managemen... (NLY)|By:, SA News Editor

More on Annaly (NLY) Q4 earnings: Book value of $15.85 down from $16.60 in Q3. Net interest margin of 0.95%, down 7 bps from Q3, down 76 bps from a year ago. Leverage of 6.5X. A trader does the math: 6.5 times 0.95% equals 6.17% sustainable dividend yield before expenses (and hedges). CEO Denahan: "Decisions made by policymakers continue to have exceptional influence on pricing and behavior." Shares -0.1% AH. (PR)