Annaly Capital Management (NLY) Outperforms Broader Market: What You Need to Know
Annaly Capital Management (NLY) concluded the recent trading session at $19.18, signifying a +0.52% move from its prior days close.
Annaly Capital Management, Inc. engages in the investment and financing of residential and commercial assets. It operates through the following investment groups: Agency, Residential Credit, and Mortgage Servicing Rights. The Agency group invests in agency mortgage-backed securities. The Residential Credit group involves non-agency residential mortgage assets within securitized products and whole loan markets. The Mortgage Servicing Rights group provides the right to service residential mortgage loans in exchange for a portion of the interest payments made on the loans. The company was founded by Michael A. J. Farrell and Wellington Jamie Denahan-Norris on November 25, 1996 and is headquartered in New York, NY.
Annaly Capital Management (NLY) concluded the recent trading session at $19.18, signifying a +0.52% move from its prior days close.
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Here is how Abacus Life, Inc. (ABL) and Annaly Capital Management (NLY) have performed compared to their sector so far this year.
If you go sifting the market for ultra-high-yield dividend payers, it wont take long before you land on Annaly Capital Management (NYSE: NLY). The stock offers a dividend...