|Bid||25.18 x 1100|
|Ask||25.98 x 2200|
|Day's Range||25.88 - 25.99|
|52 Week Range||21.88 - 26.18|
|Beta (5Y Monthly)||1.30|
|PE Ratio (TTM)||8.36|
|Forward Dividend & Yield||1.74 (6.68%)|
|Ex-Dividend Date||May 28, 2021|
|1y Target Est||N/A|
At the moment, none seems to be stirring more of a buzz than inflation. Earlier this month, the Bureau of Labor Statistics reported that 12-month inflation, as measured by the Consumer Price Index for All Urban Consumers (CPI-U) was 5.4% in June 2021.
It's no secret why income-seeking investors gravitate toward real estate investment trusts (REITs). Because REITs are required by law to discharge at least 90% of their profits in the form of dividends, they're a cash cow that investors love to milk. Because so much of their earnings are devoted to dividends, very little is available to plow back into the business.
Annaly (NLY) is expected to have witnessed an elevated level of prepayment due to the decline in mortgage rates in Q2. This is anticipated to have hindered its asset yields and net interest income.