|Bid||18.99 x 1000|
|Ask||18.87 x 3200|
|Day's range||18.08 - 18.93|
|52-week range||15.11 - 29.88|
|Beta (5Y monthly)||1.43|
|PE ratio (TTM)||4.83|
|Earnings date||25 Apr 2023 - 01 May 2023|
|Forward dividend & yield||2.60 (14.17%)|
|Ex-dividend date||30 Mar 2023|
|1y target est||22.72|
Often, when a stock has a high and rising dividend yield, it's a red flag that the dividend may not be sustainable. This is exactly what happened recently with two popular dividend stocks, Intel (NASDAQ: INTC) and Annaly Capital Management (NYSE: NLY). Intel, the semiconductor chipmaker, slashed its quarterly dividend in late February to $0.125 per share, down from $0.365 the previous quarter -- a 66% cut.
In the latest trading session, Annaly Capital Management (NLY) closed at $18.25, marking a -1.83% move from the previous day.
Annaly offers a huge yield, but it's unreliable. A simpler option would be better for most investors.