Previous close | 18.93 |
Open | 19.14 |
Bid | 19.03 x 1100 |
Ask | 19.04 x 2900 |
Day's range | 18.84 - 19.32 |
52-week range | 15.11 - 29.88 |
Volume | |
Avg. volume | 6,118,873 |
Market cap | 8.908B |
Beta (5Y monthly) | 1.41 |
PE ratio (TTM) | 6.13 |
EPS (TTM) | 3.10 |
Earnings date | 25 Apr 2023 - 01 May 2023 |
Forward dividend & yield | 3.52 (16.17%) |
Ex-dividend date | 29 Dec 2022 |
1y target est | 22.53 |
Often, when a stock has a high and rising dividend yield, it's a red flag that the dividend may not be sustainable. This is exactly what happened recently with two popular dividend stocks, Intel (NASDAQ: INTC) and Annaly Capital Management (NYSE: NLY). Intel, the semiconductor chipmaker, slashed its quarterly dividend in late February to $0.125 per share, down from $0.365 the previous quarter -- a 66% cut.
In the latest trading session, Annaly Capital Management (NLY) closed at $18.25, marking a -1.83% move from the previous day.
Annaly offers a huge yield, but it's unreliable. A simpler option would be better for most investors.