Annaly: A 13% Yield Worth Buying
Annaly Capital Management, Inc. has maintained its $0.70 dividend as its net interest spread increases. The company's dividend coverage has reached 109%, indicating strong financial health. Analysts suggest that the stock, offering a 13% yield, may be a worthwhile investment opportunity.
- ▪Annaly Capital Management, Inc. has kept its dividend at $0.70 per share.
- ▪The company's net interest spread has risen, contributing to its financial stability.
- ▪Dividend coverage for Annaly has hit 109%, suggesting robust earnings.
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