Annaly Capital Management Enters Oversold Territory

From NASDAQ MarketSite: 2024-12-31 12:21:48

The DividendRank formula at Dividend Channel ranks Annaly Capital Management Inc (Symbol: NLY) in the top 25% of dividend stocks, indicating it’s worth further research. Shares of NLY entered oversold territory at $18.03 per share, with an RSI reading of 27.1, lower than the average of 41.6. The recent annualized dividend of 2.6/share offers an annual yield of 13.90% at the current $18.71 share price. Investors see the low RSI as a potential buying opportunity, considering NLY’s dividend history. For more oversold dividend stocks, click the link provided.



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