Is This 12.8%-Yielding Dividend Stock a Bargain or a Trap?
Annaly Capital Management has been a yield trap in the past.
Overview
Annaly Capital Management's (NYSE:NLY) dividend currently yields an eye-popping 12.8%. While a yield that high often seems like a trap, I think Annaly is a bargain right now.
Here's why I think income-focused investors should take a closer look at the mortgage REIT.
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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.