Annaly Capital Management (NYSE:NLY) is cutting its dividend, and nobody like a dividend cut. However, is this a reason to avoid Annaly at all costs or just a short-term headwind? In this segment of The Motley Fool's everything-financial show, Where the Money Is, analysts David Hanson and Matt Koppenheffer discuss Annaly's current state and why this dividend cut isn't as dire as it would be for a blue-chip like Procter and Gamble.
David Hanson owns shares of Annaly Capital Management. Matt Koppenheffer has no position in any stocks mentioned. The Motley Fool recommends Procter & Gamble. 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.