03-26-2021, 11:51 AM
NLY is on quite the tear. If you look at the 1 year chart, it started at $6.13 and has risen steadily until its current $8.91. The current yield is 10%, but as the price goes up, I wonder if they will increase the dividend. Stay tuned!
(In a ghost of portfolios past, I used to have $25K in this, and those quarterly dividends were awesome. Now I just have a tenth of that. Still, my favorite 'value trap'.)
(In a ghost of portfolios past, I used to have $25K in this, and those quarterly dividends were awesome. Now I just have a tenth of that. Still, my favorite 'value trap'.)