NLY Dividend History & Analysis | 13.7% Yield
NLY has a dividend yield of 13.7% and paid 2.9 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 |
2,812 M | 15.52% | 22.54% |
| AGNC NASDAQ AGNC Investment |
11,215 M | 13.65% | 18.04% |
| NLY NYSE Annaly Capital Management |
15,858 M | 13.68% | 16.98% |
| EFC NYSE Ellington Financial |
1,623 M | 11.94% | 15.71% |
| LADR NYSE Ladder Capital |
1,151 M | 9.32% | 11.97% |
| SYMBOL | MARKET CAP USD | GROWTH RATE | CONSISTENCY |
|---|---|---|---|
| DX NYSE Dynex Capital |
2,812 M | 8.68% | 98.0% |
| LADR NYSE Ladder Capital |
1,151 M | 0.99% | 98.3% |
NLY Dividend History
Dividend Monthly Return EX date, 4.8 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 |
|---|---|---|---|---|---|---|
| 2026-09-30 | 2026-09-30 | 2026-10-30 | Quarterly | 0.75 | 0% | 3.81% |
| 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% |
NLY Dividend FAQ
As of October 2026, NLY's dividend yield is 13.68%. This is calculated by dividing the trailing 12-month dividend rate (TTM rate) of 2.90 USD by the current share price of 18.89.
As of October 2026, NLY paid a dividend of 2.90 USD in the last 12 months. The last dividend was paid on 2026-09-30 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 2026-09-30.
Based on historical data, the forecasted dividends per share for NLY for the next payments are between 0.724 (-3.5%) and 0.743 (-0.9%). This suggests the dividend will remain relatively stable. The expected Yield for the next 12 months is about 15.6%.
The latest dividend paid per share was 0.75 USD with an Ex-Dividend Date of 2026-09-30. 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 -4.21% per year. Negative growth: NLY's dividend growth is negative and declining.
NLY's 5-Year Yield on Cost is 17.0%. If you bought NLY's shares at 17.08 USD five years ago, your current annual dividend income (2.90 USD per share, trailing 12 months) equals 17.0% 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 13.68% Dividend Yield is considered as extremely high. Investors should watch out for NAV decline.
The Dividend Payout Ratio of NLY is 96.0%. 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 42.05%. 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: 2026-10-01 02:37 UTC