High unemployment has driven interest rates to record lows, boosting the profit spreads for mortgage REITs. Particularly for REITs, there's a flip side to unemployment. The Fed has been working to reduce borrowing costs and speed up the recovery through a series of efforts – most recently, "QE 3." An example of companies targeting these efforts would be Annaly Capital (NLY +0.57%), Chimera (CIM 0.16%) and Invesco (IVR +0.86%), just to name a few.
Will the Fed Crush These Big Dividends
By Ilan Moscovitz and austin smith – Oct 19, 2012 at 7:34PM
NYSE: NLY
Annaly Capital Management

Market Cap
$16B
Today's Change
(0.57%) $0.13
Current Price
$22.80
Price as of November 28, 2025 at 1:00 PM ET
REITS and the Fed.
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