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A Look At Annaly Capital Management’s Valuation As BofA Flags Undervaluation And New Preferred Dividends
Annaly Capital Management (NLY) is back in focus after BofA Securities highlighted the stock as undervalued and the company declared fresh preferred stock dividends that underline its ongoing emphasis on income distribution.
See our latest analysis for Annaly Capital Management.
That focus on income distribution and BofA Securities viewing Annaly as undervalued comes after a mixed price pattern, with a 5.42% 1 month share price return but a slightly negative year to date move. At the same...