takasuu/iStock via Getty Images
The main goal of investing is to create long term wealth, and one of the best ways to do that is to find companies which pay a high dividend yield and reinvest that money and let it
Annaly Capital: My Top 2023 Dividend Pick
Summary
- Annaly Capital has the potential to generate meaningful long-term value as it currently yields over 15.5% annually.
- While the trend of a lower cash dividend is present, a reshuffled balance sheet and lower share price has maintained and even elevated the company's yield.
- As a result, I believe the company's long-term prospects can allow for an average 950% total return over the next 25 years, far outpacing the broader market.
As part of my earnings growth strategy, I invest, trade and write about small under-covered growth companies which don't get much attention from establishment analysts as well as use the strategy to interpret short and long term moves in bigger, well established companies in the United States, Europe and the Asia-Pacific region.-All articles and the information in them are my opinion based on my own research and analysis and should not be taken as investment advice without proper due diligence and advice from a professional financial adviser.
Analyst’s Disclosure:I/we have a beneficial long position in the shares of NLY, IEP either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.
Opinion, not investment advice.
As commentary in this article can be portrayed as advice on how to structure a portfolio, it is important to recognize that the author is presenting his own opinion and is not a licensed investment advisor. Always talk to your own financial planner before structuring any investment asset or portfolio.
Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.