This company declared two dividends for the quarter, but they usually only have one. Some of the services reading dividend yields may display inaccurate information. The annual dividend is still $1.20. Based on a recent price of $10.47, the yield is running 11.46%. If the current environment is extended through the fourth quarter, things will look good for the dividend. If the fourth quarter has a flattening yield curve with either asset yields or cost of funds getting hammered, it would put the dividend in jeopardy.
Annaly Capital Management (NYSE:NLY) has a history of paying out $.30 per quarter, but their latest quarterly dividend of $.2641 left some shareholders confused. Since Annaly Capital Management acquired Hatteras Financial Corp. (NYSE:HTS) earlier in the quarter, they paid a "Short Period Common Stock Dividend" near the start of the quarter to get their books prepared for the acquisition. For the long-term shareholder, there was no change in the total quarterly dividend rate. That won't stop some shareholders from getting nervous, and it won't stop automatic engines from reporting the wrong dividend yield.
Source: Seeking Alpha
Related Articles:
- Warren Buffett's Secret To 50% Returns
- 7 Undervalued, Big-Name Stocks To Consider For Your Dividend Portfolio
- 7 High-Yield Energy Stocks Growing Their Dividends
- 5 Dividend Stocks In Need Of A Market Correction
- 10 Dividend Stocks Building A Growing Cash Stream
This 11.46% Yield Was Sustained, Though Some Shareholders Don't Know It Yet
Posted by D4L | Saturday, October 15, 2016 | ArticleLinks | 0 comments »________________________________________________________________
Subscribe to:
Post Comments (Atom)
~
Popular Posts Last 30 Days
-
If you're worried about inflation rearing its ugly head next year, you should probably worry about more likely catastrophes, such as bei...
-
As a relatively new blogger, the one thing that has stood out in my mind is the number of Canadian bloggers in the areas that I am most inte...
-
When a company pays a dividend, it's a good thing for shareholders. When a company consistently pays a dividend every quarter, it's ...
-
If you've been holding back from investing in your future just because you don't have a lot of extra cash to spare, I've got gre...
-
If you are looking for high-yield dividend stocks that can beat the market, you might want to check out these three companies. They all have...
-
If you are here to build a portfolio that thrives in all seasons, consider dividend stocks. They can generate steady returns and provide sta...
-
My top financial goal is to eventually become financially independent. The foundation of my strategy is to make investments that produce an ...
-
One way to achieve financial freedom is to create passive income, or income that does not depend on your active involvement beyond a certain...
-
The company's remarkable consistency and low-risk business model make it a "first-choice investment opportunity," according to...
-
Since 1926, dividends have contributed approximately 32% of the total return for the S&P 500, while capital appreciations have contribut...
0 comments
Post a Comment
Post a Comment
Note: Only a member of this blog may post a comment.