Annaly Capital Management, Inc.

NYSE:NLY Stock Report

Market Cap: US$11.8b

Annaly Capital Management Dividends and Buybacks

Dividend criteria checks 2/6

Annaly Capital Management is a dividend paying company with a current yield of 12.74%. Last payment was on 31st January, 2025 with an ex-dividend date of 31st December, 2024.

Key information

12.7%

Dividend yield

-10.5%

Buyback Yield

Total Shareholder Yield2.2%
Future Dividend Yield12.7%
Dividend Growth2.3%
Next dividend pay date31 Jan 25
Ex dividend date31 Dec 24
Dividend per shareUS$2.600
Payout ratio160%

Recent dividend and buyback updates

Recent updates

Annaly Capital: I've Completely Changed My Mind (Rating Upgrade)

Jan 30

When The Dow Breaks, Annaly Will Fall

Dec 27

Annaly Capital: Improved 2025 Outlook As MBS Spread Compression Raises NAV

Dec 18

Annaly: 13% Dividend Yield Is Not Enough

Dec 10

Annaly Capital: A 13% Yield You Don't Want To Miss

Nov 14

A Fat 13% Yield That Can't Be Ignored: Annaly Capital

Nov 07

Unlocking Massive 13% Yields By Busting Market Myths: Annaly Capital

Oct 16

Annaly: Discounted From Graham P/E, But Overall Picture Remains Mixed

Oct 05

Rate Cuts? Time For Income Acceleration With 12.5% Yield: Annaly

Sep 23

Annaly Capital: 3 Things That Have To Go Right For You To Make Money

Aug 23

Annaly: The Big Money Has Not Yet Been Made (Rating Upgrade)

Aug 16

Annaly Capital Management: High-Yield Income Plus A Catalyst

Aug 04

Annaly Capital: Solid Dividend Yield Which Trumps Valuation Concerns

Jul 20

Annaly Capital Management: Get In Before Rates Come Down

May 14

Annaly: Improved Value Proposition (Rating Upgrade)

Apr 27

Annaly: 2022 Replay

Apr 10

Annaly Capital: Don't Chase This High Yield mREIT Off The Cliff

Mar 18

Annaly Capital: Don't Run After This 14% Yield (Rating Downgrade)

Feb 14

Annaly: The Real Spread And Why You Should Buy After The Next Cut

Feb 05

Paid 13% To Do Nothing: Annaly

Jan 28

Annaly's Current Distribution Is Unlikely To Last: Sell Rating

Jan 21

Annaly Capital: Set To Rise From Falling Rates

Jan 02

mREIT Insanity And The Fat Yield Of 14%: Annaly Capital (Part 2)

Dec 13

Annaly Capital Management: Cautiously Optimistic Over This Near 15% Yielder

Nov 27

Annaly Capital Management: This 16.6% Yielding Trust Is A Bargain (Upgrade)

Nov 03

Annaly Capital Q3: Crash Is King (Rating Upgrade)

Oct 26

I Just Bought Annaly Capital, But Not For The 14.8% Yield

Oct 06

Annaly Capital's Sector Comparative Analysis - Part 2 (Includes Q4 2023 + Q1 2024 Dividend Projection)

Sep 28

Annaly Capital Management: Risk/Reward Is Improving (Upgrade)

Sep 13

How Annaly Capital Management Generates Extra Income

Aug 22

Annaly: Wait Until After Jackson Hole

Aug 15

Annaly Capital Q2 Earnings Review: Upgrading To Buy On Potential Peak Rates

Jul 27

Annaly Capital: Broken Model, Downside Is As Low As 70% Of Tangible Book

Jul 03

Annaly Capital: Upgrading To Buy

Jun 13

Annaly Capital co-founder Wellington Denahan to retire from board

Feb 22

Annaly Upcoming Dividend Cut: Not The First, Won't Be The Last

Feb 14

Will Annaly Capital Management Q4 earnings beat for a 13th straight time?

Feb 07

3 Reasons To Be Bearish On Annaly For 2023

Jan 20

My Retirement Is Paid For By Your Home: Annaly Capital

Jan 12

Annaly Capital: My Top 2023 Dividend Pick

Dec 29

Annaly Capital Management declares $0.88 dividend

Dec 08

Stability and Growth of Payments

Fetching dividends data

Stable Dividend: NLY's dividend payments have been volatile in the past 10 years.

Growing Dividend: NLY's dividend payments have fallen over the past 10 years.


Dividend Yield vs Market

Annaly Capital Management Dividend Yield vs Market
How does NLY dividend yield compare to the market?
SegmentDividend Yield
Company (NLY)12.7%
Market Bottom 25% (US)1.4%
Market Top 25% (US)4.5%
Industry Average (Mortgage REITs)12.1%
Analyst forecast (NLY) (up to 3 years)12.7%

Notable Dividend: NLY's dividend (12.74%) is higher than the bottom 25% of dividend payers in the US market (1.41%).

High Dividend: NLY's dividend (12.74%) is in the top 25% of dividend payers in the US market (4.45%)


Earnings Payout to Shareholders

Earnings Coverage: With its high payout ratio (160.1%), NLY's dividend payments are not well covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its high cash payout ratio (607.8%), NLY's dividend payments are not well covered by cash flows.


Discover strong dividend paying companies

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/01/31 05:58
End of Day Share Price 2025/01/31 00:00
Earnings2024/12/31
Annual Earnings2024/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Annaly Capital Management, Inc. is covered by 32 analysts. 7 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Bruce HartingBarclays
Terry MaBarclays
Derek HewettBofA Global Research