Annaly: 13% Dividend Yield Is Not Enough
Portfolio Pulse from
Annaly's Q3 earnings missed expectations due to an unfavorable yield curve, but the company maintained its $0.65/share dividend, resulting in a 13%+ forward yield.
December 10, 2024 | 6:15 am
News sentiment analysis
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NEUTRAL IMPACT
Annaly's Q3 earnings missed consensus estimates, reflecting pressure from the unfavorable yield curve. However, the company maintained its $0.65/share quarterly dividend, resulting in a forward yield of over 13%.
The earnings miss indicates potential challenges due to the yield curve, which could pressure the stock price. However, maintaining the dividend suggests management's confidence, which may stabilize investor sentiment.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100