This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

8 High-Dividend Stocks With Upside

2. Annaly Capital Management (NLY - Get Report) owns, manages and finances a portfolio of real estate-related investments including mortgage pass-through certificates, collateralized mortgage obligations (CMOs), Agency callable debentures, and other securities representing interests in the obligations backed by pools of mortgage loans,

The company's board recently declared a Series A Preferred Stock cash dividend of 49.22 cents per share for the third quarter, payable Sept. 1, 2011. Also, for its Series B Preferred Stock, the company declared a cash dividend of 37.5 cents per share payable Sept. 30, 2011. Currently, Annaly has a dividend yield of 14.4%. The five-year net growth rate for dividend per share stands at 40.7%.

For the second quarter of 2011, the company reported GAAP net income of $120.8 million, or 14 cents per share, compared to a net loss of $218.2 million, or 40 cents per share in same quarter prior year. Net interest income for the quarter surged 56.5% to $843.7 million from $538.9 million in the year-ago quarter. Cash and cash equivalents were $401.8 million, up 22.5% from the comparable quarter previous year. Annualized return on average equity stood at 3.6% compared to an annualized loss on average equity of 9.03% for the second quarter of 2010.

Of the 21 analysts covering the stock, 71% recommend a buy and the rest suggest a hold. There are no sell ratings on the stock. Analysts polled by Bloomberg foresee the stock gaining an average 3.3% to $18.88 in the upcoming 12 months.

8 of 9

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
CIM $15.70 -0.76%
CTL $34.68 -1.70%
HCP $43.22 0.37%
KMP $102.03 1.98%
LINE $12.92 -0.31%


DOW 17,826.30 -279.47 -1.54%
S&P 500 2,081.18 -23.81 -1.13%
NASDAQ 4,931.8150 -75.9760 -1.52%

Partners Compare Online Brokers

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs