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Why Is Annaly Capital's Dividend Yield So High?

Why Is Annaly Capital's Dividend Yield So High?

Investors looking for yield are beginning to take a closer look at mortgage real estate investment trusts (REITs). Annaly Capital Management (NYSE: NLY) is one of the biggest mortgage REITs operating today and it is among those REITs with an elevated payout. Annaly Capital is a mortgage REIT that invests in several different strategies.