|Bid||25.19 x 900|
|Ask||26.10 x 800|
|Day's range||25.12 - 25.36|
|52-week range||20.79 - 26.25|
|Beta (5Y monthly)||1.30|
|PE ratio (TTM)||11.03|
|Forward dividend & yield||1.62 (6.34%)|
|Ex-dividend date||31 Aug 2021|
|1y target est||N/A|
Because of that, several stocks have been in my portfolio for more than a decade. Two of my longest-held positions are Medical Properties Trust (NYSE: MPW) and Annaly Capital Management (NYSE: NLY). Overall, my decision to hold these REITs for the long haul has paid off reasonably well.
Mortgage real estate investment trust (REIT) Annaly Capital Management (NYSE: NLY) is the premier mortgage REIT (mREIT) and the largest by market cap. While that protects its business to a degree, one of the bigger risks Annaly faces is the Federal Reserve pumping trillions of dollars into the economy. It's also why Annaly is experiencing an increase in its constant pre-payment rate (CPR), or the percentage of its portfolio it expects to be paid off within a year.
Annaly Capital Management (NLY) closed the most recent trading day at $8.86, making no change from the previous trading session.