Wellington Denahan, the CEO of Annaly Capital Managment, has not made it a secret that she has not been a fan of the Federal Reserve's quantitative easing policies that drove interest rates lower and spurred cuts to mREITs' dividends. Now that the Fed has announced its intention to end the program this calendar year, are Annaly Capital and American Capital Agnecy, the other major agency mREIT, finally happy?
In the following video, Motley Fool banking analysts David Hanson and Matt Koppenheffer discuss the implications of the Fed's taper and why the two dividend-giants are happy (for now).
David Hanson owns shares of Annaly Capital Management. Matt Koppenheffer has no position in any stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.