Does NLY pay a dividend?

Yes. Annaly Capital Management, Inc. pays a quarterly dividend, currently yielding 15.30% based on trailing twelve-month payments of $2.90 per share.

How much does NLY pay in dividends?

$2.90 per share over the last twelve months, paid quarterly. Special and one-off distributions are excluded from that figure because they do not recur.

When is the next NLY ex-dividend date?

No upcoming ex-dividend date is currently on record for NLY. Dates appear here once the company declares them.

NLY Dividend

Annaly Capital Management, Inc.

NYSEReal EstateStockData as of September 30, 2026

Dividend yield: 15.30%
Annual dividend: $2.90
Payout ratio: 0.71
Frequency: Quarterly
Share price: $18.95
Market cap: $14.9B

Is NLY a good dividend stock?

What the data shows. These are observations, not recommendations — see the disclaimer at the foot of the page.

Yield is far above the marketAt 15.30%, the yield is more than three times the median of 2.81% across US dividend payers. A yield rises when a share price falls, so an unusually high figure often reflects what the market expects rather than what management has promised.
Dividend uses most of earningsA payout ratio of 0.71 leaves a narrower margin than the sub-0.60 range generally considered comfortable, though it remains within earnings.
Dividend has been cut 13 timesAcross 29 complete years, the annual total fell in 2019, 2020, 2023 and earlier. The most recent reduction was in 2023.

NLY dividend history

Annual dividend per share, 1997 to 2025.

Peak $10.88 in 2002Year the total fellTypical payment × payments that year, split-adjusted, excluding special and one-off distributions. Robust to duplicate records in the source data. The current year is omitted while incomplete.

Recent dividend payments

The last 40 dividend payments for NLY, most recent first.
Ex-dividend date	Pay date	Amount	Type
September 30, 2026	October 30, 2026	$0.7500	Quarterly
June 30, 2026	July 31, 2026	$0.7500	Quarterly
March 31, 2026	April 30, 2026	$0.7000	Quarterly
December 31, 2025	January 30, 2026	$0.7000	Quarterly
September 30, 2025	October 31, 2025	$0.7000	Quarterly
June 30, 2025	July 31, 2025	$0.7000	Quarterly
March 31, 2025	April 30, 2025	$0.7000	Quarterly
December 31, 2024	January 31, 2025	$0.6500	Quarterly
September 30, 2024	October 31, 2024	$0.6500	Quarterly
June 28, 2024	July 31, 2024	$0.6500	Quarterly
March 27, 2024	April 30, 2024	$0.6500	Quarterly
December 28, 2023	January 31, 2024	$0.6500	Quarterly
September 28, 2023	October 31, 2023	$0.6500	Quarterly
June 29, 2023	July 31, 2023	$0.6500	Quarterly
March 30, 2023	April 28, 2023	$0.6500	Quarterly
December 29, 2022	January 31, 2023	$0.8800	Quarterly
September 29, 2022	October 31, 2022	$0.8800	Quarterly
June 29, 2022	July 29, 2022	$0.2200	Quarterly
March 30, 2022	April 29, 2022	$0.2200	Quarterly
December 30, 2021	January 31, 2022	$0.2200	Quarterly
September 29, 2021	October 29, 2021	$0.2200	Quarterly
June 29, 2021	July 30, 2021	$0.2200	Quarterly
March 30, 2021	April 30, 2021	$0.2200	Quarterly
December 30, 2020	January 29, 2021	$0.2200	Quarterly
September 29, 2020	October 30, 2020	$0.2200	Quarterly
June 29, 2020	July 31, 2020	$0.2200	Quarterly
March 30, 2020	April 30, 2020	$0.2500	Quarterly
December 30, 2019	January 31, 2020	$0.2500	Quarterly
September 27, 2019	October 31, 2019	$0.2500	Quarterly
June 27, 2019	July 31, 2019	$0.2500	Quarterly
March 28, 2019	April 30, 2019	$0.3000	Quarterly
December 28, 2018	January 31, 2019	$0.3000	Quarterly
September 27, 2018	October 31, 2018	$0.0780	Monthly
September 5, 2018	September 10, 2018	$0.2220	Quarterly
June 28, 2018	July 31, 2018	$0.3000	Quarterly
March 28, 2018	April 30, 2018	$0.3000	Quarterly
December 28, 2017	January 31, 2018	$0.3000	Quarterly
September 28, 2017	October 31, 2017	$0.3000	Quarterly
June 28, 2017	July 31, 2017	$0.3000	Quarterly
March 29, 2017	April 28, 2017	$0.3000	Quarterly

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Frequently asked questions

Does NLY pay a dividend?: Yes. Annaly Capital Management, Inc. pays a quarterly dividend, currently yielding 15.30% based on trailing twelve-month payments of $2.90 per share.
How much does NLY pay in dividends?: $2.90 per share over the last twelve months, paid quarterly. Special and one-off distributions are excluded from that figure because they do not recur.
When is the next NLY ex-dividend date?: No upcoming ex-dividend date is currently on record for NLY. Dates appear here once the company declares them.