NLY Dividend History & Analysis | 13.7% Yield

As of June 2026, NLY's dividend yield is 13.70%. This is calculated by dividing the trailing 12-month dividend rate (TTM rate) of 2.80 USD by the current share price of 22.31.

As of June 2026, NLY paid a dividend of 2.80 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 0.666 (-11.2%) and 0.696 (-7.2%). This indicates a moderate dividend reduction compared to the last payment. The expected Yield for the next 12 months is about 12.2%.

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 2026-06-30.

The next Ex-Dividend date for Annaly Capital (NLY) is 2026-06-30.

NLY's average dividend growth rate over the past 5 years is -7.31% per year. Negative growth: NLY's dividend growth is negative and declining.

NLY's 5-Year Yield on Cost is 14.8%. If you bought NLY's shares at 18.86 USD five years ago, your current annual dividend income (2.80 USD per share, trailing 12 months) equals 14.8% 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 13.70% Dividend Yield is considered as extremely high. Investors should watch out for NAV decline.

The Dividend Payout Ratio of NLY is 96.3%. 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 34.32%. Ratings surpassing 65% are regarded as acceptable, exceeding 75% are favorable and surpassing 85% are strong.