|Bid||0.00 x 800|
|Ask||0.00 x 800|
|Day's Range||24.56 - 24.72|
|52 Week Range||8.53 - 25.92|
|Beta (5Y Monthly)||1.27|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||1.74 (7.08%)|
|Ex-Dividend Date||Feb. 26, 2021|
|1y Target Est||N/A|
With interest rates stuck near zero, investors seeking income are struggling to find yield. Today, we'll look at a couple of real estate stocks that invest in securities guaranteed by the U.S. government. Most of the biggest REITs have yields in the 4% range; however, there's a subset that yields more, and those are the mortgage REITs.
One of the few asset classes providing some sort of yield is real estate investment trusts (REITs). Mortgage REITs in particular had one of their worst periods ever as liquidity dried up in the mortgage market, which triggered a wave of margin calls. What is Annaly Capital Management (NYSE: NLY), one of the biggest mortgage REITs, thinking about this environment, and what does it have to offer investors now?
Annaly Capital Management, Inc. Announces Preferred Dividends