Annaly Capital Management is a real estate investment trust (REIT) that invests in mortgage-backed securities and other financial assets. Established in 1997, Annaly is one of the largest and most successful REITs in the United States. The company has a long track record of providing attractive dividend income to its shareholders.
Annaly is one of the largest dividend payers in the REIT sector, and has paid a dividend every quarter since its inception. The company has a history of consistent dividend payments, and its dividend policy is designed to maximize shareholder value. Annaly’s dividend policy is based on its ability to generate sufficient cash flow to cover its dividend payments, as well as its commitment to maintaining a strong balance sheet and financial flexibility.
Annaly’s Dividend History
Annaly has maintained a consistent dividend policy since it was founded. The company’s dividend policy is designed to ensure that it can pay out a consistent dividend to its shareholders. Annaly has raised its dividend every year since 1997, and the current dividend yield is around 10%.
Over the past five years, Annaly has increased its dividend by an average of 5.6%. This dividend growth rate is slightly above the average of the REIT sector, which is around 5%. Annaly’s dividend growth rate is also slightly higher than the average of the S&P 500, which is around 4.7%.
Annaly’s dividend has been relatively stable over the past five years, and the company has managed to maintain its dividend payments despite volatile economic conditions. In 2020, Annaly was able to increase its dividend by 4.5%, despite the challenges posed by the COVID-19 pandemic.
Annaly’s Dividend Safety
Annaly’s dividend is considered to be safe, as the company has a strong balance sheet and a solid track record of paying its dividends on time. The company has a conservative approach to its dividend policy, and it is unlikely that Annaly will cut its dividend in the near future. Annaly’s dividend safety score of 85 out of 100 indicates that the dividend is likely to remain safe in the foreseeable future.
Annaly’s dividend safety score is one of the highest in the REIT sector, and its dividend is considered to be more secure than the average REIT. Annaly’s dividend is also more secure than the average dividend of the S&P 500, which has a dividend safety score of 67 out of 100.
Conclusion
Annaly Capital Management has a long and successful history of paying out attractive dividends to its shareholders. The company has a strong balance sheet and a solid track record of maintaining its dividend payments, even during times of economic uncertainty. Annaly’s dividend safety score of 85 out of 100 indicates that the dividend is likely to remain safe in the foreseeable future.
Although Annaly’s dividend growth rate is slightly above the average of the REIT sector, it is important to remember that dividends are not guaranteed. Investors should do their own research before investing in any dividend-paying stock, and it is always important to maintain a diversified portfolio.