When is NLY's Dividend Payment Date?
NLY is a real estate investment trust (REIT) that primarily invests in mortgage-backed securities. As with most REITs, NLY pays out a dividend to its shareholders on a regular basis. In this article, we will answer the question: When is NLY's dividend payment date?
Dividend Schedule
NLY pays out its dividend quarterly, which means that it pays out four times a year. The dividend payment dates for 2021 are as follows:
- March 31, 2021
- June 30, 2021
- September 30, 2021
- December 31, 2021
Dividend Amount
The amount of the dividend payment can vary from quarter to quarter. NLY's dividend is based on its net income, and the company may adjust the amount of the dividend payment based on its performance. As of the fourth quarter of 2020, NLY's dividend was $0.22 per share.
Investment Considerations
When investing in NLY or any other REIT, it is important to consider a few factors. First, it is important to understand the company's dividend policy and history. NLY has a history of paying out a dividend, but the amount can vary based on the company's performance.
Second, it is important to consider the company's financial health. NLY invests in mortgage-backed securities, which can be volatile. If the housing market experiences a downturn, NLY's investments may suffer and the company's financial health may be impacted.
Finally, it is important to consider the current economic environment. Interest rates and inflation can impact the performance of REITs, including NLY.
Investors should carefully consider these factors before investing in NLY or any other REIT. It is also important to diversify one's portfolio to reduce risk.
Conclusion
NLY pays out a dividend quarterly, with payment dates in March, June, September, and December. The amount of the dividend can vary based on the company's performance. When investing in NLY or any other REIT, it is important to consider the company's dividend policy and history, financial health, and the current economic environment.
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