Northern, WI 06/18/2013 (usastockreport) – Annaly Capital Management, Inc. (NYSE:NLY) provides investors with an extremely high yield of 13.57%, coming in the form of quarterly dividend of $0.45-$0.55. The stock has seen a decline in past one year’s trading sessions. The stock has declined by 22.73% in its one year trading session.
Real estate investment trusts usually pay high dividend yields, as their incorporation and tax structure entitles them to deduct dividends paid to their shareholders. Investors looking for high yields opt to buy the shares of this industry.
Annaly’s principal business objective is to generate net income which can be distributed to its shareholders from its investment securities and from the dividends it receives from its subsidiaries.
Annaly has paid over $9 billion to its shareholders in the form of dividend which has accrued to it from its subsidiaries as Dividend income.
Annaly Capital Management has set up a Share Purchase Plan and Dividend Reinvestment in the year 1999. The plan gives an option to the interested investors with an economical and easy method to reinvest their dividends into shares of Annaly Common Stock. Stockholders can automatically reinvest all or a part of their dividends in Annaly Common Stock through this option. This is better option rendered by the company where the investors can reinvest their dividends into the stocks of the company.
Annaly in lately May 2013 has completed its acquisition of CreXus Investment Corp. Annaly’s commercial real estate business will be continued under the name Annaly Commercial Real Estate Group.
Annaly through its Real Estate subsidiary originates and acquires commercial real estate debt which includes commercial mortgage loans, commercial mortgage-backed securities (CMBS), B-notes, mezzanine loans, preferred equity and other commercial real estate-related debt investments.
Annaly is the largest mortgage REIT listed on New York Stock Exchange. The expertise management team of Annaly has a wide market knowledge which helps them in identifying the opportunities invest in a diversified portfolio.