Looking at the universe of stocks we cover at Dividend Channel, in trading on Friday, shares of Annaly Capital Management Inc (Symbol: NLY) were yielding above the 16% mark based on its quarterly dividend (annualized to $3), with the stock changing hands as low as $18.59 on the

Annaly Capital Management (NLY) Passes Through 16% Yield Mark

Key PointsMortgage REIT Annaly Capital Management has a 16.4% forward dividend yield.

Annaly Pays 75 Cents a Share Each Quarter. 4,000 Shares Would Pay You $1,000 a Month.

Key PointsBook value is what remains after you subtract a company's liabilities from its assets.

What Is Book Value? 2 Mortgage REIT Stocks That Were Trading Close to It Until They Weren't

Key PointsAnnaly and AGNC are both mortgage REITs offering shockingly high dividend yields of 16% or higher.

Annaly or AGNC: Which 16%-Yielding Mortgage REIT Is the Better Buy?

Key PointsAnnaly's book value declined, and it posted a significant GAAP loss in the third quarter.

Despite a Volatile Quarter, This 16%-Yielding Dividend Looks Safe

Key PointsOnslow Bay generated $5.8 billion in funding volume during the quarter.

Annaly Capital: 3 Key Takeaways for Long-Term Investors

Annaly Capital Management, Inc., a diversified capital manager, engages in the residential mortgage finance business. The company invests in agency mortgage-backed securities collateralized by residential mortgages; non-agency residential whole loans and securitized products within the residential and commercial markets; mortgage servicing rights; agency commercial mortgage-backed securities; to-be-announced forward contracts; residential mortgage-backed securities; residential mortgage loans; and agency or private label credit risk transfer securities. 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. Annaly Capital Management, Inc. was incorporated in 1996 and is based in New York, New York.

Annaly Capital Management, Inc. News