04-11-2013, 04:05 PM
Close enough; just over 11 percent, by my count. 45 cents per quarter is $1.80 per year divided by today's close of $15.91 is about 11.30 percent. And 3 months ago the share price was well under $15.00.
As I mentioned over here, I'm still underwater on share price for NLY, but with reinvesting those huge dividends, I'm doing just fine!
As I mentioned over here, I'm still underwater on share price for NLY, but with reinvesting those huge dividends, I'm doing just fine!