Annaly Preferred Yield Viewed as Overpriced at Recent Prices
The NLY-J preferred share is described as low-risk with a solid dividend, but the analysis argues the current price (about $25.72) makes the yield less attractive than alternatives in the sector. The fixed annualized dividend of $2.2188 implies a stripped yield near 8.63%, yet it’s considered overpriced versus a suggested buy-under price of $23.83.