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
-
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...
-
The quick rise in interest rates over the past year turned investor sentiment toward REITs negative. Higher interest rates make it harder fo...
-
Indeed, with recession on the horizon, investors are increasingly emphasizing quality, safety and dividends in their portfolio selections. W...
-
A great year for dividend growth stocks is one in which there are few dividend cuts and fewer companies that failed to raise their dividends...
-
Ultimately, dividend income and capital appreciation come out of one bucket. So focusing on total return, not just dividend yield, will help...
-
Countless people dream of being able to pay their bills with the cash they receive from their investments. But it doesn't have to be jus...
-
Verizon (VZ -1.75%) pays one of the biggest dividends in the S&P 500. The telecom giant currently yields 6.5%. That's one of the top...
-
Dividend-paying stocks from low-risk, high-quality companies are a smart way to generate steady and reliable attractive income streams to re...
-
Cash is king when you’re looking to add dividend stocks to your portfolio There’s ample reason for caution. In case you haven’t noticed, a l...
-
The Financial Services Sector includes insurance companies, banks, brokerages, mutual funds and other similar companies. Before the 2008-09 ...
0 comments
Post a Comment
Post a Comment
Note: Only a member of this blog may post a comment.