How Does Annaly Capital Management, Inc. Pay Such Huge Dividends?
- Mortgage rate movements can be tracked and used to predict changes in portfolio value.
- The 10-year treasury yield can be used as a proxy for movements in interest rate swaps if the interest rate swaps have a high enough weighted average maturity.
- NLY can make significant changes to their debt structure. The structure from the end of Q2 has been used to predict results.