Copied from Yahoo Finance re: NLY
The company is qualified as a real estate investment trust (REIT) under the Internal Revenue Code. As a REIT, its net income would be exempt from federal taxation to the extent that it is distributed as dividends to shareholders. Annaly Capital Management, Inc. was founded in 1996 and is based in New York, New York.
No catch. REITS are a wonderful investment that allow your money to stay above inflations. If you think the US economy is going to grow then you should also invest in US Industrial
Best of luck. Take Care
management made decision to pay the dividend -- this is why many people only buy this kind of stock (like me)... retired and dividends keep me a float in this stupid market -- have u check the interest rates from banks -- they are paying zero on savings accounts -- so the stock market is the place to go (risky) if u want growth on ur money. good luck
reits are required to pass through a minimum of 95% income
There are companies that have "capital" or "real estate" in their names and they give super high dividend yields. What's the catch? What are these?
Examples include PSEC and NLY
