NRZ - Annaly Capital: 11.2% Yield Rare Counter-Cyclical Company
Annaly Capital Management (NLY) is a real estate investment trust ("REIT"), that invests in securities that are tied to the residential and commercial real estate market, in order to generate stable income. In this article, we analyze the company's business model, growth and income prospects, balance sheet, risks, and finally conclude with our opinion on whether (and how) income-investors might want to consider investing in this stock.
Overview
Annaly Capital Management's core business is a mortgage real estate investment trust (mREIT) that invests in and finances residential real estate related investments. Its portfolio