Annaly Capital Management, Inc.

Annaly Capital Management, Inc.

NLYยทNYSE

$21.17

-0.61%
Real EstateREIT - Mortgage

Annaly Capital Management, Inc., a diversified capital manager, engages in mortgage finance and corporate middle market lending. The company invests in agency mortgage-backed securities, mortgage servicing rights, Agency commercial mortgage-backed securities, non-Agency residential mortgage assets, residential mortgage loans, credit risk transfer securities, corporate debts, and other commercial real estate investments. It has elected to be taxed as a real estate investment trust (REIT). As a REIT, it is not subject to federal income tax to the extent that it distributes its taxable income to its shareholders. The company was founded in 1996 and is based in New York, New York.

At a Glance

Live Snapshot
Market Cap$15.51B
EPS2.9200
P/E Ratio7.05
Earnings Date07/22/2026
0.00%
Dividend Yield
-100%
3Y-100.0%
5Y-100.0%
10Y-100.0%
0.00%
Dividend Payout Ratio
-100%
3Y-100.0%
5Y-100.0%
10Y-100.0%
3Y+18.0%
5Y+52.0%
10Y+75.0%
Annaly Capital Management, Inc.

Annaly Capital Management, Inc. Dividend History

NLY ยท NYSE
10Y CAGR +0%
Latest $0
Annual $0
Stable dividend payments
Last Period: +0%

NLY Dividend Payment History

NLY ยท NYSE

Total Payments

50

Latest Dividend

$0.7000

Annual Amount

$3.5000

Frequency

Quarterly

DeclarationEx-DatePayment DateDividendAdjustedFrequencyGrowth
Mar 12, 2026
Mar 31, 2026Apr 30, 2026
$0.7000
$0.7000
Quarterly0.00%
Dec 10, 2025
Dec 31, 2025Jan 30, 2026
$0.7000
$0.7000
Quarterly0.00%
Sep 10, 2025
Sep 30, 2025Oct 31, 2025
$0.7000
$0.7000
Quarterly0.00%
Jun 4, 2025
Jun 30, 2025Jul 31, 2025
$0.7000
$0.7000
Quarterly0.00%
Mar 13, 2025
Mar 31, 2025Apr 30, 2025
$0.7000
$0.7000
Quarterly+7.69%
Dec 5, 2024
Dec 31, 2024Jan 31, 2025
$0.6500
$0.6500
Quarterly0.00%
Sep 10, 2024
Sep 30, 2024Oct 31, 2024
$0.6500
$0.6500
Quarterly0.00%
Jun 5, 2024
Jun 28, 2024Jul 31, 2024
$0.6500
$0.6500
Quarterly0.00%
Mar 14, 2024
Mar 28, 2024Apr 30, 2024
$0.6500
$0.6500
Quarterly0.00%
Dec 7, 2023
Dec 29, 2023Jan 31, 2024
$0.6500
$0.6500
Quarterly0.00%
Sep 7, 2023
Sep 29, 2023Oct 31, 2023
$0.6500
$0.6500
Quarterly0.00%
Jun 7, 2023
Jun 30, 2023Jul 31, 2023
$0.6500
$0.6500
Quarterly0.00%
Mar 14, 2023
Mar 31, 2023Apr 28, 2023
$0.6500
$0.6500
Quarterly-26.14%
Dec 8, 2022
Dec 30, 2022Jan 31, 2023
$0.8800
$0.8800
Quarterly0.00%
Sep 8, 2022
Sep 30, 2022Oct 31, 2022
$0.8800
$0.8800
Quarterly0.00%
Jun 8, 2022
Jun 30, 2022Jul 29, 2022
$0.2200
$0.8800
Quarterly0.00%
Mar 17, 2022
Mar 31, 2022Apr 29, 2022
$0.2200
$0.8800
Quarterly0.00%
Dec 9, 2021
Dec 31, 2021Jan 31, 2022
$0.2200
$0.8800
Quarterly0.00%
Sep 9, 2021
Sep 30, 2021Oct 29, 2021
$0.2200
$0.8800
Quarterly0.00%
Jun 9, 2021
Jun 30, 2021Jul 30, 2021
$0.2200
$0.8800
Quarterly0.00%
Mar 17, 2021
Mar 31, 2021Apr 30, 2021
$0.2200
$0.8800
Quarterly0.00%
Dec 10, 2020
Dec 31, 2020Jan 29, 2021
$0.2200
$0.8800
Quarterly0.00%
Sep 10, 2020
Sep 30, 2020Oct 30, 2020
$0.2200
$0.8800
Quarterly0.00%
Jun 10, 2020
Jun 30, 2020Jul 31, 2020
$0.2200
$0.8800
Quarterly-12.00%
Mar 16, 2020
Mar 31, 2020Apr 30, 2020
$0.2500
$1.0000
Quarterly0.00%
Dec 12, 2019
Dec 31, 2019Jan 31, 2020
$0.2500
$1.0000
Quarterly0.00%
Sep 9, 2019
Sep 30, 2019Oct 31, 2019
$0.2500
$1.0000
Quarterly0.00%
Jun 13, 2019
Jun 28, 2019Jul 31, 2019
$0.2500
$1.0000
Quarterly-16.67%
Mar 14, 2019
Mar 29, 2019Apr 30, 2019
$0.3000
$1.2000
Quarterly0.00%
Dec 13, 2018
Dec 31, 2018Jan 31, 2019
$0.3000
$1.2000
Quarterly+284.62%
Sep 11, 2018
Sep 28, 2018Oct 31, 2018
$0.0780
$0.3120
Quarterly-64.86%
Aug 21, 2018
Sep 6, 2018Sep 10, 2018
$0.2220
$0.8880
Quarterly-26.00%
Jun 14, 2018
Jun 29, 2018Jul 31, 2018
$0.3000
$1.2000
Quarterly0.00%
Mar 15, 2018
Mar 29, 2018Apr 30, 2018
$0.3000
$1.2000
Quarterly0.00%
Dec 14, 2017
Dec 29, 2017Jan 31, 2018
$0.3000
$1.2000
Quarterly0.00%
Sep 14, 2017
Sep 29, 2017Oct 31, 2017
$0.3000
$1.2000
Quarterly0.00%
Jun 16, 2017
Jun 30, 2017Jul 31, 2017
$0.3000
$1.2000
Quarterly0.00%
Mar 16, 2017
Mar 31, 2017Apr 28, 2017
$0.3000
$1.2000
Quarterly0.00%
Dec 16, 2016
Dec 30, 2016Jan 31, 2017
$0.3000
$1.2000
Quarterly+13.64%
Sep 15, 2016
Sep 30, 2016Oct 31, 2016
$0.2640
$1.0560
Quarterly-12.00%
Jun 16, 2016
Jun 30, 2016Jul 29, 2016
$0.3000
$1.2000
Quarterly+733.33%
Jul 6, 2016
Jul 11, 2016Jul 14, 2016
$0.0360
$0.1440
Quarterly-88.00%
Mar 14, 2016
Mar 31, 2016Apr 29, 2016
$0.3000
$1.2000
Quarterly0.00%
Dec 18, 2015
Dec 31, 2015Jan 29, 2016
$0.3000
$1.2000
Quarterly0.00%
Sep 17, 2015
Sep 30, 2015Oct 30, 2015
$0.3000
$1.2000
Quarterly0.00%
Jun 19, 2015
Jun 30, 2015Jul 31, 2015
$0.3000
$1.2000
Quarterly0.00%
Mar 17, 2015
Mar 31, 2015Apr 30, 2015
$0.3000
$1.2000
Quarterly0.00%
Dec 19, 2014
Dec 31, 2014Jan 29, 2015
$0.3000
$1.2000
Quarterly0.00%
Sep 18, 2014
Oct 1, 2014Oct 31, 2014
$0.3000
$1.2000
Quarterly0.00%
Jun 20, 2014
Jul 1, 2014Jul 31, 2014
$0.3000
$1.2000
Quarterly-
nly

Annaly Capital Management, Inc. Payout Ratio Analysis

NLY ยท NYSE
Dividends Paid
-1.88B
2025
Net Income
2.03B
2025
Payout Ratio
92.85%
2025

Dividend Sustainability Analysis

Payout Ratio
92.85%

Conservative payout with excellent safety margin. Company retains significant earnings for growth, acquisitions, or building cash reserves. Dividend is highly sustainable.

FCF Payout Ratio
-847.2%

Negative free cash flow while paying dividends is a major red flag. Company burning cash and cannot sustain dividend without external financing.

Dividend Growth
-26.0%

Significant dividend reduction signals serious challenges. Company prioritizing financial stability over shareholder returns. High risk of further cuts.

Sustainability
Fair

Dividend sustainability questionable. Monitor closely for signs of stress. Consider whether yield justifies the risk.

Key Insight

Recent dividend cut signals distress: Management forced to reduce payout, indicating financial pressure. Evaluate whether business challenges are temporary or structural before reinvesting.