NLY Dividend History & Analysis | 13.3% Yield
NLY has a dividend yield of 13.3% and paid 2.85 USD per share in the last 12M. Complete payout history, full analyses and peer comparison.
Top Dividend Payers in Mortgage REITs
| SYMBOL | MARKET CAP USD | YIELD TTM | YIELD ON COST 5y |
|---|---|---|---|
| DX NYSE Dynex Capital |
3,175 M | 15.62% | 22.44% |
| AGNC NASDAQ AGNC Investment |
12,689 M | 13.73% | 17.92% |
| NLY NYSE Annaly Capital Management |
17,124 M | 13.33% | 16.60% |
| EFC NYSE Ellington Financial |
1,719 M | 11.86% | 16.02% |
| TRTX NYSE TPG RE Finance Trust |
630 M | 11.46% | 13.56% |
| ADAM NASDAQ New York Mortgage Trust |
804 M | 12.84% | 10.58% |
| STWD NYSE Starwood Property Trust |
6,078 M | 10.85% | 12.24% |
| LADR NYSE Ladder Capital |
1,213 M | 8.82% | 12.62% |
| SYMBOL | MARKET CAP USD | GROWTH RATE | CONSISTENCY |
|---|---|---|---|
| DX NYSE Dynex Capital |
3,175 M | 7.99% | 98.0% |
| LADR NYSE Ladder Capital |
1,213 M | 1.77% | 98.3% |
NLY Dividend History
Dividend Monthly Return EX date, 4.9 years of data
Average monthly dividend return by ex-dividend date. The score below shows reliability based on how consistently dividends were paid in that month.
| EX-DATE | RECORD | PAYMENT | PERIOD | DIV/SHARE | GROWTH | PAYOUT YIELD |
|---|---|---|---|---|---|---|
| 2026-06-30 | 2026-06-30 | 2026-07-31 | Quarterly | 0.75 | +7.1% | 3.35% |
| 2026-03-31 | 2026-03-31 | 2026-04-30 | Quarterly | 0.7 | 0% | 3.37% |
| 2025-12-31 | 2025-12-31 | 2026-01-30 | Quarterly | 0.7 | 0% | 3.14% |
| 2025-09-30 | 2025-09-30 | 2025-10-31 | Quarterly | 0.7 | 0% | 3.46% |
| 2025-06-30 | 2025-06-30 | 2025-07-31 | Quarterly | 0.7 | 0% | 3.72% |
| 2025-03-31 | 2025-03-31 | 2025-04-30 | Quarterly | 0.7 | +7.7% | 3.54% |
| 2024-12-31 | 2024-12-31 | 2025-01-31 | Quarterly | 0.65 | 0% | 3.58% |
| 2024-09-30 | 2024-09-30 | 2024-10-31 | Quarterly | 0.65 | 0% | 3.26% |
| 2024-06-28 | 2024-06-28 | 2024-07-31 | Quarterly | 0.65 | 0% | 3.39% |
| 2024-03-27 | 2024-03-28 | 2024-04-30 | Quarterly | 0.65 | 0% | 3.4% |
| 2023-12-28 | 2023-12-29 | 2024-01-31 | Quarterly | 0.65 | 0% | 3.28% |
| 2023-09-28 | 2023-09-29 | 2023-10-31 | Quarterly | 0.65 | 0% | 3.5% |
| 2023-06-29 | 2023-06-30 | 2023-07-31 | Quarterly | 0.65 | 0% | 3.25% |
| 2023-03-30 | 2023-03-31 | 2023-04-28 | Quarterly | 0.65 | -26.1% | 3.46% |
| 2022-12-29 | 2022-12-30 | 2023-01-31 | Quarterly | 0.88 | 0% | 4.17% |
| 2022-09-29 | 2022-09-30 | 2022-10-31 | Quarterly | 0.88 | +300% | 4.79% |
| 2022-06-29 | 2022-06-30 | 2022-07-29 | Quarterly | 0.22 | 0% | 3.7% |
| 2022-03-30 | 2022-03-31 | 2022-04-29 | Quarterly | 0.22 | 0% | 3.06% |
| 2021-12-30 | 2021-12-31 | 2022-01-31 | Quarterly | 0.22 | 0% | 2.75% |
| 2021-09-29 | 2021-09-30 | 2021-10-29 | Quarterly | 0.22 | 0% | 2.55% |
NLY Dividend FAQ
As of August 2026, NLY's dividend yield is 13.33%. This is calculated by dividing the trailing 12-month dividend rate (TTM rate) of 2.85 USD by the current share price of 22.67.
As of August 2026, NLY paid a dividend of 2.85 USD in the last 12 months. The last dividend was paid on 2026-06-30 and the payout was 0.75 USD.
NLY pays dividends quarterly. Over the last 12 months, NLY has issued 4 dividend payments. The last dividend payment was made on 2026-06-30.
Based on historical data, the forecasted dividends per share for NLY for the next payments are between 0.703 (-6.3%) and 0.72 (-4.0%). This indicates a moderate dividend reduction compared to the last payment. The expected Yield for the next 12 months is about 12.6%.
The latest dividend paid per share was 0.75 USD with an Ex-Dividend Date of 2026-06-30. The next Ex-Dividend date for Annaly Capital (NLY) is currently unknown.
The next Ex-Dividend date for Annaly Capital (NLY) is currently unknown. We automatically update the next Ex-Dividend date when it is announced.
NLY's average dividend growth rate over the past 5 years is -5.94% per year. Negative growth: NLY's dividend growth is negative and declining.
NLY's 5-Year Yield on Cost is 16.6%. If you bought NLY's shares at 17.17 USD five years ago, your current annual dividend income (2.85 USD per share, trailing 12 months) equals 16.6% of your original purchase price.
NLY Payout Consistency is 94.2%. The payout consistency is a proprietary measure of how consistently a company has paid dividends over its lifetime and blends growth rate, number of dividend payments, interruptions or lowering dividends into one number. Very consistent: Annaly Capital has a strong track record of consistent dividend payments over its lifetime.
NLY's 13.33% Dividend Yield is considered as extremely high. Investors should watch out for NAV decline.
The Dividend Payout Ratio of NLY is 94.4%. Very high - REITs and BDCs are required by law to distribute 90% or more of their taxable income as dividends, making high payout ratios standard. Otherwise, proceed with caution.
NLY's Overall Dividend Rating is 37.60%. Ratings surpassing 65% are regarded as acceptable, exceeding 75% are favorable and surpassing 85% are strong.
NLY Outstanding Shares Analysis
Key Metric Definitions
Annual dividend per share divided by current share price.
Percentage of earnings paid as dividends. Below 60% = safe, above 100% = unsustainable.
Percentage of Free Cash Flow paid as dividends. More reliable than Payout Ratio since it measures actual cash.
Compound annual growth rate of dividends over the last 5 years.
Reliability of dividend payments over lifetime. Penalizes cuts and pauses.
Your effective yield if you bought 5 years ago. Shows dividend growth impact over time.
Consecutive years of dividend payments. 25+ years = Dividend Aristocrat.
Proprietary score (0-100) combining yield, growth, safety and consistency.
Last update: 2026-07-29 02:38 UTC