Annaly Capital Management Inc

NYSE: NLY
$18.33
+$0.10 (+0.5%)
Closing price April 22, 2024
Annaly Capital Management Inc is a New York-based diversified capital manager specializing in mortgage finance. The company primarily invests in various types of mortgage-backed securities and related assets, including residential and commercial mortgages, mortgage servicing rights, and other securitized products. As a Real Estate Investment Trust (REIT), Annaly benefits from certain tax advantages, provided it distributes the majority of its taxable income to shareholders. Founded in 1996, the firm focuses on delivering stable returns through different economic cycles.
Investors love dividend stocks, especially the ultra-yield variety because they provide a significant income stream and also may offer massive total returns. Total return includes interest, capital...
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