Annaly: Conservative Confidence For The Long Term [View article]
Berloe, between 1/1/2003 and today NLY has paid $17.39 worth of dividends. Reinvesting the dividends NLY has returned 10.63% per year over the time period. By comparison, the S&P has returned 7.17%. NLY bested the S&P by approximately 3.46% per year over 9 years - when you consider the effect of compounding, that can make a profound difference in total wealth accumulation. Yes, it is a lot of dividends, and that is explicitly what makes NLY an effective wealth-builder over the long-term.
Annaly: Conservative Confidence For The Long Term [View article]
References regarding data:
http://bit.ly/MIyPSu
http://www.buyupside.com
stockreturncalculator/...