RCC - Annaly Capital's Dividend BV And Valuation Vs. 19 mREIT Peers - Part 2 (Includes Q2 + Q3 2022 Dividend Projection)

• This article compares NLY’s recent dividend per share rates, yield percentages, and several dividend sustainability metrics to 19 mREIT peers.
• This includes an analysis of NLY’s quarterly estimated REIT taxable income, estimated core earnings, and normalized core earnings which directly impact the company's dividend sustainability.
• This article also discusses NLY’s dividend decrease for the second quarter of 2019 and 2020 and projects NLY’s dividend sustainability for the second and third quarter of 2022.
• This article also discusses NLY’s projected performance during the first quarter of 2022 when compared to the company’s fixed-rate agency mREIT peers.
• My current NLY buy, sell, or hold recommendation (based on a valuation methodology) and current BV projection are stated in the “Conclusions Drawn” section.

For further details see: