Previous close | 18.35 |
Open | 18.22 |
Bid | 18.99 x 1000 |
Ask | 18.87 x 3200 |
Day's range | 18.08 - 18.93 |
52-week range | 15.11 - 29.88 |
Volume | |
Avg. volume | 6,125,516 |
Market cap | 9.344B |
Beta (5Y monthly) | 1.43 |
PE ratio (TTM) | 4.83 |
EPS (TTM) | 3.92 |
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.