Toronto-Dominion Bank has a more stable dividend track record than Annaly Capital Management.

Annaly Capital Management offers a high dividend yield of over 14%, but has a history of cutting dividends. In contrast, Toronto-Dominion Bank has a lower 4.1% yield but a reliable dividend track record since 1857. TD Bank’s Canadian roots provide a strong foundation despite regulatory risks.

Investors seeking stable dividend income may find Toronto-Dominion Bank more attractive than Annaly Capital Management. Although TD Bank has a lower yield, it has a history of consistent dividend payments and a strong foundation in the Canadian banking sector. In comparison, Annaly’s dividend history has been volatile, making it a riskier investment option.

The Motley Fool’s Stock Advisor team recommends considering other investment options over Annaly Capital Management. While Annaly offers a high yield, there are concerns about dividend cuts and stock price volatility. Investors may want to explore the top 10 stocks identified by the Stock Advisor team for potentially higher returns.

Read more at Yahoo Finance: Toronto-Dominion Bank vs. Annaly Capital Management