NLY Dividend History & Yield

Annaly Capital Management, Inc. · NYSE

Stock Real Estate Quarterly payer High yieldMreitREIT
$22.72
-0.39% today
as of Sep 8, 2026
TTM yield
12.54%
$2.85/share over the last 12 months
Forward yield
13.20%
$3.00/share indicated annual rate
Annual dividend
$3.00
per share, forward
Per payment
$0.75
per share, every quarter
Frequency
Quarterly
4 payments a year
Next ex-dividend date
Sep 29, 2026 Estimated
in 21 days
Next pay date
Oct 13, 2026
in 35 days
Last ex-dividend date
Jun 30, 2026
$0.75 per share
Payout ratio
n/a
REIT: use FFO payout instead
Market cap
17.1B
P/E 5.5
5y dividend CAGR
-4.1%
annualised, regular payments
Growth streak
1 yr
consecutive annual raises
Years paying
28.7
since Dec 29, 1997
1y total return
+20.7%
price +7.2% + dividends 13.4%

Upcoming dividend payments

Ex-datePay datePer sharePer 100 sharesStatus
Tue, Sep 29, 2026 (in 21 days) Oct 13, 2026 $0.75 $75.00 Estimated
Tue, Dec 29, 2026 (in 112 days) Jan 12, 2027 $0.75 $75.00 Estimated
Tue, Mar 30, 2027 (in 203 days) Apr 13, 2027 $0.75 $75.00 Estimated
Tue, Jun 29, 2027 (in 294 days) Jul 13, 2027 $0.75 $75.00 Estimated

Estimated dates and amounts are projected from NLY's recent payment pattern and will be replaced by declared figures when the company announces them. Total over the next 12 months: about $3.00 per share.

Dividend payment history

Last 40 payments per share. RegularSpecial

Last 40 payments per share from Dec 28, 2016 to Jun 30, 2026; most recent $0.75$0.00$0.75$1.50Dec 28, 2016: $1.20Dec '16Mar 29, 2017: $1.20Jun 28, 2017: $1.20Sep 28, 2017: $1.20Dec 28, 2017: $1.20Mar 28, 2018: $1.20Mar '18Jun 28, 2018: $1.20Sep 5, 2018: $0.888Sep 27, 2018: $0.312Dec 28, 2018: $1.20Mar 28, 2019: $1.20Mar '19Jun 27, 2019: $1.00Sep 27, 2019: $1.00Dec 30, 2019: $1.00Mar 30, 2020: $1.00Jun 29, 2020: $0.88Jun '20Sep 29, 2020: $0.88Dec 30, 2020: $0.88Mar 30, 2021: $0.88Jun 29, 2021: $0.88Sep 29, 2021: $0.88Sep '21Dec 30, 2021: $0.88Mar 30, 2022: $0.88Jun 29, 2022: $0.88Sep 29, 2022: $0.88Dec 29, 2022: $0.88Dec '22Mar 30, 2023: $0.65Jun 29, 2023: $0.65Sep 28, 2023: $0.65Dec 28, 2023: $0.65Mar 27, 2024: $0.65Mar '24Jun 28, 2024: $0.65Sep 30, 2024: $0.65Dec 31, 2024: $0.65Mar 31, 2025: $0.70Jun 30, 2025: $0.70Jun '25Sep 30, 2025: $0.70Dec 31, 2025: $0.70Mar 31, 2026: $0.70Jun 30, 2026: $0.75

Annual dividends per share

Annual dividend per share by calendar year, 2017 to 2026 (year to date)$0.00$3.00$6.002017: $4.80$4.8020172018: $4.80$4.8020182019: $4.20$4.2020192020: $3.64$3.6420202021: $3.52$3.5220212022: $3.52$3.5220222023: $2.60$2.6020232024: $2.60$2.6020242025: $2.80$2.8020252026 (YTD): $1.45$1.452026 YTD

How much NLY do you need for monthly income?

Target incomeShares neededCapital at today's pricePer year
$100 / month400$9,088$1,200
$500 / month2,000$45,440$6,000
$1,000 / month4,000$90,880$12,000

Based on the forward yield of 13.20%. $10,000 in NLY would currently pay about $1,320 a year ($110 a month on average). Model reinvestment and growth →

NLY dividend history

Show all 117 payments
Ex-datePay dateAmountChange
Jun 30, 2026 $0.75 +7.1%
Mar 31, 2026 $0.70 +0.0%
Dec 31, 2025 $0.70 +0.0%
Sep 30, 2025 $0.70 +0.0%
Jun 30, 2025 $0.70 +0.0%
Mar 31, 2025 $0.70 +7.7%
Dec 31, 2024 $0.65 +0.0%
Sep 30, 2024 $0.65 +0.0%
Jun 28, 2024 $0.65 +0.0%
Mar 27, 2024 $0.65 +0.0%
Dec 28, 2023 $0.65 +0.0%
Sep 28, 2023 $0.65 +0.0%
Jun 29, 2023 $0.65 +0.0%
Mar 30, 2023 $0.65 -26.1%
Dec 29, 2022 $0.88 +0.0%
Sep 29, 2022 $0.88 +0.0%
Jun 29, 2022 $0.88 +0.0%
Mar 30, 2022 $0.88 +0.0%
Dec 30, 2021 $0.88 +0.0%
Sep 29, 2021 $0.88 +0.0%
Jun 29, 2021 $0.88 +0.0%
Mar 30, 2021 $0.88 +0.0%
Dec 30, 2020 $0.88 +0.0%
Sep 29, 2020 $0.88 +0.0%

Payout risk check

Yield-trap heuristicModerate risk

NLY scores 45/100 on our yield-trap heuristic (moderate risk).

2 warning flags raised:

  • Yield above 12%, far above market norms
  • Payment was cut within the last 5 years

This is a rule-based screen computed from public data, not a rating or a recommendation. Read our guide to yield traps for what the signals mean.

About Annaly Capital Management, Inc.

Annaly Capital Management, Inc., a diversified capital manager, engages in the residential mortgage finance business. The company invests in agency mortgage-backed securities collateralized by residential mortgages; non-agency residential whole loans and securitized products within the residential and commercial markets; mortgage servicing rights; agency commercial mortgage-backed securities; to-be-announced forward contracts; residential mortgage-backed securities; residential mortgage loans; and agency or private label credit risk transfer securities. It has elected to be taxed as a real estate investment trust (REIT).

Sector: Real Estate. Industry: REIT - Mortgage. First dividend on our records: Dec 29, 1997. 117 payments tracked.

NLY dividend FAQ

When is NLY's next ex-dividend date?

NLY's next ex-dividend date is Sep 29, 2026 (in 21 days, estimated from its quarterly schedule). You must own the shares before that date to receive the payment of about $0.75 per share, expected on Oct 13, 2026.

How often does NLY pay dividends?

NLY pays dividends every quarter, 4 times a year. The most recent payment was $0.75 per share with an ex-date of Jun 30, 2026.

What is NLY's dividend yield?

NLY's trailing 12-month dividend yield is 12.54%, based on $2.85 per share paid over the last year and a share price of $22.72. The forward yield, using the indicated annual rate of $3.00 per share, is 13.20%.

How much does NLY pay per share?

NLY pays about $0.75 per share each quarter, which works out to roughly $3.00 per share a year. 100 shares would collect about $300.00 a year.

Has NLY grown or cut its dividend?

NLY has raised its annual dividend for 1 consecutive year. Over the last 5 years the regular payout has shrunk at 4.1% a year (+5.6% over the last year). NLY did cut a regular payment within the last 5 years.

How many shares of NLY do I need to earn $100 a month?

At the current forward yield of 13.20%, you would need about 400 shares of NLY (roughly $9,088 invested at today's price) to collect $1,200 a year, or $100 a month on average, before taxes. Payments arrive every quarter, so the monthly figure is an average.

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