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Stock impact report

Is Annaly Capital Stock a Millionaire Maker? [Yahoo! Finance]

Annaly Capital Management Inc (NLY) 
Last annaly capital management inc earnings: 4/29 04:15 pm Check Earnings Report
US:NYSE Investor Relations: annaly.com/investors
Company Research Source: Yahoo! Finance
Be careful what you do with Annaly's dividend if you want to build a million-dollar nest egg. 10 stocks we like better than Annaly Capital Management › Annaly Capital (NYSE: NLY) is a complicated investment. It appears to be a dividend stock because it has a huge 12.9% dividend yield. For comparison, the yield on the S&P 500 (SNPINDEX: ^GSPC) is only 1.2% or so. Yet, if you examine the stock's dividend history, you would definitely not want to own it believing you will collect a reliable income stream. Whether or not Annaly is a millionaire-maker stock really depends on what you do with the dividends it pays. Here's what you need to know. What does Annaly Capital do? Annaly Capital is a real estate investment trust (REIT), which is a business structure specifically designed to pass income on to investors in a tax-efficient manner. Essentially, REITs avoid corporate-level taxation by distributing at least 90% of taxable earnings to shareholders as dividends. So most REITs have Show less Read more
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