Here's How Much Income $25,000 Invested in This 13%-Yielding Dividend Stock Generates. History Says Don't Count on It Staying That Way.
The REIT's dividend has fluctuated over the years.
Overview
Annaly Capital Management (NYSE:NLY) currently yields an eye-popping 13.8%, more than 10 times the S&P 500's 1.1% yield. At that rate, a $25,000 investment would generate $3,450 in annual dividends.
While that sounds really enticing, the mortgage REIT's history says investors shouldn't bank on it maintaining that amount.
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Details
Source
Originally published at www.fool.com.
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Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.