The economic downturn has been a boon to mortgage REITs and the dividends their investors collect. Relatively slow refinancing activity during the downturn has meant big profit spreads without the downside of prepayments for mREITs, such as Annaly Capital (NLY 1.02%), Chimera (CIM 0.96%) and Invesco (IVR 1.54%), to name a few.
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The Hidden Threat to Massive Dividends
By Ilan Moscovitz and Austin Smith
–
Oct 19, 2012 at 7:32PM
NYSE: NLY
Annaly Capital Management
Market Cap
$9B
Today's Change
(1.02%) $0.19
Current Price
$18.88
Price as of April 26, 2024, 4:00 p.m. ET
Dividends and mortgage REITS.
Austin Smith has no positions in the stocks mentioned above. Ilan Moscovitz has no positions in the stocks mentioned above. The Motley Fool owns shares of Annaly Capital Management. 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.
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