What is NLY's current dividend yield?

Annaly Capital Management Inc (NLY) has a dividend yield of 14.56%, paying $3.00 per share annually.

How often does NLY pay dividends?

Annaly Capital Management Inc typically pays dividends on a quarterly basis. The annual dividend totals $3.00 per share.

When is NLY's next ex-dividend date?

The most recent ex-dividend date for Annaly Capital Management Inc was September 30, 2026. Ex-dividend dates are typically announced a few weeks before the payment date.

What is NLY's dividend growth rate?

Annaly Capital Management Inc has a 5-year dividend compound annual growth rate (CAGR) of -4.1%. The 10-year CAGR is -5.1%.

What is NLY's payout ratio?

Annaly Capital Management Inc has a payout ratio of 69%, meaning it distributes 69% of its earnings as dividends. This is a moderate level.

Annaly Capital Management Inc (NLY) Dividend Analysis

Comprehensive dividend yield, safety, growth, and income analysis for NLY.

Annaly Capital Management Inc (NLY) pays a high 14.56% dividend yield, or $3.00 per share annually at a stock price of $20.51. NLY has increased its dividend for 1 consecutive year. The payout ratio of 69% is moderate. The dividend is currently covered by earnings but leaves less room for growth. Earnings cover the dividend 1.4x. Dividend growth is accelerating — the 3-year CAGR of 0.2% exceeds the 5-year rate of -4.1% and the 10-year rate of -5.1%. The most recent ex-dividend date was September 30, 2026.

Dividend Overview

Annaly Capital Management Inc (NLY) pays a high 14.56% dividend yield, or $3.00 per share annually at a stock price of $20.51. NLY has increased its dividend for 1 consecutive year.

Dividend Yield

14.56%

Annual Dividend

$3.00

Share Price

$20.51

Ex-Dividend Date

Sep 30, 2026

Consecutive Years

1 yrs

Sector

Real Estate

Dividend Safety

Moderate

The payout ratio of 69% is moderate. The dividend is currently covered by earnings but leaves less room for growth.

Payout Ratio69%

0%60%80%100%

DRIP Projection

$10,000 invested in NLY with dividends reinvested would grow to approximately $31,389 after 10 years, generating roughly $2,997/year in dividend income. This projection assumes the current 14.56% yield and a -4.1% annual dividend growth rate with all dividends reinvested.

Year	Portfolio Value	Annual Income	Total Return
Year 1	$11,456	$1,599	+15%
Year 5	$18,752	$2,211	+88%
Year 10	$31,389	$2,997	+214%
Year 15	$47,831	$3,698	+378%
Year 20	$67,456	$4,224	+575%

Assumes constant share price and reinvestment at current price. Actual results will vary. Try our DRIP Calculator for a customized projection with real historical data.