Seeking Alpha

  Annaly Capital Management, Inc. (NLY) - NYSE

  • Patrick Harden | Send Message 20 Mar 2012

    NLY trims dividend by 2 cents, CXS cuts dividend by 22%. Why can't the Annaly complex set a dividend rate and stick to it? #notcredible
    Reply (3)
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    • Patrick Harden | Send Message 21 Mar 2012
      : CXS probably cut their dividend because they screwed up their accounting and their credit assumptions were incorrect.
    • DAG1996 | Send Message 21 Mar 2012
      : fair enough. there are plenty of CFOs and accountants out there who know what they're doing... i'd prefer to own the REITs they work at
      NLY vs. ETF Alternatives
      Company Description
      Annaly Capital Management, Inc., owns, manages, and finances real estate related investments, including mortgage pass-through certificates, agency callable debentures, collateralized mortgage obligations and other securities.
      Sector: Financial
      Country: United States