Annaly Capital Management (NLY) Dividend
Annaly Capital Management (NLY) currently pays a dividend yield of 16.04%, distributing $3.00 per share annually ($0.75 per quarter). The company operates in the Real Estate sector.
NLY has raised its dividend for 10 consecutive years.
NLY dividend at a glance
| Dividend Yield | 16.04% |
|---|---|
| Annual Dividend | $3.00 per share |
| Per Payment | $0.75 |
| Payout Frequency | Quarterly |
| Payments per Year | 4 |
| Next Ex-Dividend Date | December 30, 2026 |
| Next Payment Date | October 30, 2026 |
| Payout Ratio | 69% |
| Consecutive Years of Dividend Growth | 10 |
| Sector | Real Estate |
| Implied Share Price (from yield) | $18.70 |
What NLY pays on a $10,000 investment
At a 16.04% yield, $10,000 invested in NLY generates about $1,604.00 per year, or roughly $401.00 every quarter. Share counts below use an implied price of $18.70, derived from the $3.00 annual dividend and the 16.04% yield.
| Amount Invested | Approx. Shares | Annual Dividend Income | Income per Quarter |
|---|---|---|---|
| $1,000 | 53.5 | $160.40 | $40.10 |
| $5,000 | 267.3 | $802.00 | $200.50 |
| $10,000 | 534.7 | $1,604.00 | $401.00 |
| $25,000 | 1,336.7 | $4,010.00 | $1,002.50 |
| $100,000 | 5,346.7 | $16,040.00 | $4,010.00 |
These figures assume the dividend and share price stay where they are today. They do not account for taxes, dividend cuts, price movement, or reinvestment. If you reinvest instead of taking the cash, the share count grows each quarter — see how the dividend snowball compounds.
NLY dividend payment schedule
NLY pays on a quarterly schedule — 4 payments a year. The next confirmed ex-dividend date is December 30, 2026, with payment on October 30, 2026. Later rows are projected forward at the same interval and will shift when Annaly Capital Management declares each dividend.
| Ex-Dividend Date | Payment Date | Amount per Share | Status |
|---|---|---|---|
| December 30, 2026 | October 30, 2026 | $0.75 | Confirmed |
| March 30, 2027 | January 28, 2027 | $0.75 | Projected |
| June 30, 2027 | April 30, 2027 | $0.75 | Projected |
| September 30, 2027 | July 31, 2027 | $0.75 | Projected |
To collect a NLY dividend you must own the shares before the ex-dividend date. Buy on the ex-date itself and the previous owner keeps that payment. Read how ex-dividend, record, and payment dates fit together.
How NLY's dividend compares
Across the 714 dividend stocks and ETFs DivTrkr tracks, the median yield is 4.23%. NLY's 16.04% is 11.81 percentage points above that median, ranking 127th of 714 by yield.
Within Real Estate, where we track 73 names, the median yield is 6.70% — putting NLY above its sector. A yield well above the sector norm is worth a second look: it can signal a depressed share price rather than a generous payout.
Its 10-year run of dividend increases ranks 158th out of the 363 names in our data with an active growth streak.
What the numbers mean
NLY pays out roughly 69% of its earnings as dividends. That is on the higher side — still common for utilities and consumer staples, but it leaves less cushion if earnings dip.
Like most US dividend payers, NLY distributes quarterly, so a full year of ownership produces four payments.
Whether these payments are taxed at the lower qualified rate or as ordinary income depends on how long you hold the shares and what kind of company pays them. See the qualified vs. ordinary dividend rules.
NLY dividend FAQ
When is the next NLY ex-dividend date?
The next NLY ex-dividend date is December 30, 2026, with the payment scheduled for October 30, 2026. You must own shares before the ex-dividend date to receive that payment.
What is NLY's dividend yield?
NLY currently yields 16.04%, based on $3.00 in dividends per share over the past year.
How often does NLY pay dividends?
NLY pays quarterly, which works out to 4 payments per year of about $0.75 per share.
How much dividend income would $10,000 of NLY generate?
At the current 16.04% yield, $10,000 invested in NLY would produce roughly $1,604.00 per year, or about $401.00 per quarter, before taxes and assuming the dividend holds.
Has NLY increased its dividend?
Yes — NLY has raised its dividend for 10 consecutive years.
NLY dividend history
DivTrkr holds 117 recorded NLY dividend payments going back to 1997, with 1 consecutive complete year of increases and -4.5% a year of growth over the last five complete years. See the full NLY dividend history — every payment, annual totals and growth by year.
Related dividend stocks
Other Real Estate dividend payers
- LFT — Lument Finance Trust, Inc. dividend (30.83%)
- IVR — Invesco Mortgage Capital dividend (24.74%)
- ORC — Orchid Island Capital, Inc. dividend (22.94%)
- ARR — ARMOUR Residential REIT dividend (20.85%)
- SUNS — Sunrise Realty Trust, Inc. dividend (19.11%)
- DX — Dynex Capital, Inc. dividend (18.41%)
- ABR — Arbor Realty Trust, Inc. dividend (18.33%)
- MITT — TPG Mortgage Investment Trust, Inc. dividend (16.81%)
Similar yields to NLY
- AGNC — AGNC Investment Corp dividend (16.09%)
- TSYX — TSPY Lift ETF dividend (15.90%)
- UNTC — Unit Corporation dividend (16.23%)
- KCOP — Kurv Copper & Mining Enhanced I dividend (15.82%)
- OMAH — VistaShares Target 15 Berkshire Select Income ETF dividend (15.75%)
- ASC — Ardmore Shipping Corporation dividend (16.42%)
Track NLY dividends free with DivTrkr — see exactly what your own position pays, and when. Also browse the full dividend calendar or the A–Z list of dividend stocks.