ARR - Annaly Capital's Dividend BV And Valuation Vs. 20 mREIT Peers - Part 2 (Includes Q1 2021 Dividend Projection)

• This article compares NLY’s recent dividend per share rates, yield percentages, and several dividend sustainability metrics to 20 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 first quarter of 2021.
• This article also discusses NLY’s projected performance during the fourth quarter of 2020 when compared to the company’s fixed-rate agency mREIT peers.
• My current NLY buy, sell, or hold recommendation and current BV projection (BV as of 1/8/2021) are stated in the “Conclusions Drawn” section of the article.

For further details see: