Annaly Capital Management, Inc.
NLY-PGReal Estate · Stock · quarterly payer
Forward Yield
8.14%
Annual Dividend
$2.08
Payout Ratio
—
5-Yr Growth
6.2%
Ex-Date
Sep 1, 2026
Frequency
Quarterly
Summary
As of August 2026, Annaly Capital Management, Inc. (NLY-PG) yields 8.14% ($2.08 per share annually), with a blended fair-value estimate of $31.37 — +23% upside, so it screens as undervalued. Dividend safety grade: D (45/100).
Is NLY-PG a good dividend stock?
MixedAnnaly Capital Management, Inc. (NLY-PG) pays a quarterly dividend yielding 8.14% ($2.08/yr), with 0 years of growth and a dividend-safety grade of D. The picture is mixed — the dividend pays, but safety or growth signals are weaker than ideal.
Advantages
- Strong 6.2% 5-yr dividend growth
Risks
- Cut its dividend in 2025
- Very high yield can signal elevated risk
- Share price is down over the past 5 years
- Below-average dividend safety score
Key Data
- Dividend Yield
- 8.14%
- Payout Ratio
- —
- Annual Dividend
- $2.08
- 5-Yr Avg Growth
- 6.2%
- Ex-Dividend Date
- Sep 1, 2026
- Years of Growth
- 0
- Frequency
- quarterly
- Beta
- 1.24
- Market Cap
- —
- P/E Ratio
- 14.5
- 5-Yr Total Return
- -0%
- 52-Week Range
- $24.37 – $25.61
- Dividend Safety
- D · 45/100
- Ever Cut?
- Yes (2025)
Frequently Asked Questions
NLY-PG Price — Last 12 Months
Daily close
Price Return
1 Year
+2%
3 Years
+3%
5 Years
-0%
52-Week Range
$24.37 – $25.61
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is NLY-PG worth?
Undervaluedlow confidenceOur blended fair-value estimate for Annaly Capital Management, Inc. is $31.37 per share, versus a market price of $25.58. That implies 23% of upside — a margin of safety of about 18%.
Fair Value
$31.37
Current Price
$25.58
Upside
+23%
Margin of Safety
18%
How we get there
Dividend discount
Discounts the future dividend stream back to today.
Assumptions: 10.5% discount rate (CAPM), 6.4% stage-1 growth, 2.5% terminal growth, $1.77 EPS, $2.08 annual dividend. Updated weekly.
Fair-value estimates are model output for educational purposes only — not investment advice or a price target.
NLY-PG Dividend Safety Score
Risky
SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.
Dividend Growth
Total dividends per share by year
Dividend History
| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| Jun 1, 2026 | — | $0.5140 | regular |
| Mar 2, 2026 | — | $0.5066 | regular |
| Dec 1, 2025 | — | $0.5389 | regular |
| Sep 2, 2025 | — | $0.5577 | regular |
| Jun 2, 2025 | — | $0.5519 | regular |
| Mar 3, 2025 | — | $0.5476 | regular |
| Dec 2, 2024 | — | $0.5774 | regular |
| Aug 30, 2024 | — | $0.6239 | regular |
| Jun 3, 2024 | — | $0.6288 | regular |
| Feb 29, 2024 | — | $0.6182 | regular |
| Nov 30, 2023 | — | $0.6208 | regular |
| Aug 31, 2023 | — | $0.6136 | regular |
| May 31, 2023 | — | $0.5897 | regular |
| Feb 28, 2023 | — | $0.4063 | regular |
Income Calculator
At $2.08 / yr per share
