NLY Dividend History & Yield

Annaly Capital Management, Inc. · NYSE

Stock Real Estate Quarterly payer High yieldMreitREIT
$18.35
+0.05% today
as of Oct 25, 2026
TTM yield
15.80%
$2.90/share over the last 12 months
Forward yield
16.35%
$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
Dec 30, 2026 Estimated
in 66 days
Next pay date
Jan 13, 2027
in 80 days
Last ex-dividend date
Sep 30, 2026
$0.75 per share
Payout ratio
n/a
REIT: use FFO payout instead
Market cap
13.8B
P/E 12.7
5y dividend CAGR
-3.8%
annualised, regular payments
Growth streak
1 yr
consecutive annual raises
Years paying
28.8
since Dec 29, 1997
1y total return
+5.1%
price -9.2% + dividends 14.3%

Upcoming dividend payments

Ex-datePay datePer sharePer 100 sharesStatus
Wed, Dec 30, 2026 (in 66 days) Jan 13, 2027 $0.75 $75.00 Estimated
Wed, Mar 31, 2027 (in 157 days) Apr 14, 2027 $0.75 $75.00 Estimated
Wed, Jun 30, 2027 (in 248 days) Jul 14, 2027 $0.75 $75.00 Estimated
Wed, Sep 29, 2027 (in 339 days) Oct 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 Mar 29, 2017 to Sep 30, 2026; most recent $0.75$0.00$0.75$1.50Mar 29, 2017: $1.20Mar '17Jun 28, 2017: $1.20Sep 28, 2017: $1.20Dec 28, 2017: $1.20Mar 28, 2018: $1.20Jun 28, 2018: $1.20Jun '18Sep 5, 2018: $0.888Sep 27, 2018: $0.312Dec 28, 2018: $1.20Mar 28, 2019: $1.20Jun 27, 2019: $1.00Jun '19Sep 27, 2019: $1.00Dec 30, 2019: $1.00Mar 30, 2020: $1.00Jun 29, 2020: $0.88Sep 29, 2020: $0.88Sep '20Dec 30, 2020: $0.88Mar 30, 2021: $0.88Jun 29, 2021: $0.88Sep 29, 2021: $0.88Dec 30, 2021: $0.88Dec '21Mar 30, 2022: $0.88Jun 29, 2022: $0.88Sep 29, 2022: $0.88Dec 29, 2022: $0.88Mar 30, 2023: $0.65Mar '23Jun 29, 2023: $0.65Sep 28, 2023: $0.65Dec 28, 2023: $0.65Mar 27, 2024: $0.65Jun 28, 2024: $0.65Jun '24Sep 30, 2024: $0.65Dec 31, 2024: $0.65Mar 31, 2025: $0.70Jun 30, 2025: $0.70Sep 30, 2025: $0.70Sep '25Dec 31, 2025: $0.70Mar 31, 2026: $0.70Jun 30, 2026: $0.75Sep 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): $2.20$2.202026 YTD

How much NLY do you need for monthly income?

Target incomeShares neededCapital at today's pricePer year
$100 / month400$7,340$1,200
$500 / month2,000$36,700$6,000
$1,000 / month4,000$73,400$12,000

Based on the forward yield of 16.35%. $10,000 in NLY would currently pay about $1,635 a year ($136 a month on average). Model reinvestment and growth →

NLY dividend history

Show recent only Download CSV
Ex-datePay dateAmountChange
Sep 30, 2026 — $0.75 +0.0%
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%
Jun 29, 2020 — $0.88 -12.0%
Mar 30, 2020 — $1.00 +0.0%
Dec 30, 2019 — $1.00 +0.0%
Sep 27, 2019 — $1.00 +0.0%
Jun 27, 2019 — $1.00 -16.7%
Mar 28, 2019 — $1.20 +0.0%
Dec 28, 2018 — $1.20 +284.6%
Sep 27, 2018 — $0.312 -64.9%
Sep 5, 2018 — $0.888 -26.0%
Jun 28, 2018 — $1.20 +0.0%
Mar 28, 2018 — $1.20 +0.0%
Dec 28, 2017 — $1.20 +0.0%
Sep 28, 2017 — $1.20 +0.0%
Jun 28, 2017 — $1.20 +0.0%
Mar 29, 2017 — $1.20 +0.0%
Dec 28, 2016 — $1.20 +13.6%
Sep 28, 2016 — $1.056 +633.3%
Jul 7, 2016 — $0.144 -88.0%
Jun 28, 2016 — $1.20 +0.0%
Mar 29, 2016 — $1.20 +0.0%
Dec 29, 2015 — $1.20 +0.0%
Sep 28, 2015 — $1.20 +0.0%
Jun 26, 2015 — $1.20 +0.0%
Mar 27, 2015 — $1.20 +0.0%
Dec 29, 2014 — $1.20 +0.0%
Sep 29, 2014 — $1.20 +0.0%
Jun 27, 2014 — $1.20 +0.0%
Mar 28, 2014 — $1.20 +0.0%
Dec 27, 2013 — $1.20 -14.3%
Sep 27, 2013 — $1.40 -12.5%
Jun 27, 2013 — $1.60 -11.1%
Mar 27, 2013 — $1.80 +0.0%
Dec 26, 2012 — $1.80 -10.0%
Sep 27, 2012 — $2.00 -9.1%
Jun 27, 2012 — $2.20 +0.0%
Mar 28, 2012 — $2.20 -3.5%
Dec 27, 2011 — $2.28 -5.0%
Sep 28, 2011 — $2.40 -7.7%
Jun 28, 2011 — $2.60 +4.8%
Mar 29, 2011 — $2.48 -3.1%
Dec 23, 2010 — $2.56 -5.9%
Sep 30, 2010 — $2.72 +0.0%
Jun 25, 2010 — $2.72 +4.6%
Mar 30, 2010 — $2.60 -13.3%
Dec 24, 2009 — $3.00 +8.7%
Sep 29, 2009 — $2.76 +15.0%
Jun 25, 2009 — $2.40 +20.0%
Mar 26, 2009 — $2.00 +0.0%
Dec 26, 2008 — $2.00 -9.1%
Sep 16, 2008 — $2.20 +0.0%
Jun 25, 2008 — $2.20 +14.6%
Mar 26, 2008 — $1.92 +41.2%
Dec 27, 2007 — $1.36 +30.8%
Sep 27, 2007 — $1.04 +8.3%
Jun 28, 2007 — $0.96 +20.0%
Mar 29, 2007 — $0.80 +5.3%
Dec 27, 2006 — $0.76 +35.7%
Sep 27, 2006 — $0.56 +7.7%
Jun 28, 2006 — $0.52 +18.2%
Mar 29, 2006 — $0.44 +10.0%
Dec 28, 2005 — $0.40 -23.1%
Sep 26, 2005 — $0.52 -63.9%
Jun 28, 2005 — $1.44 -20.0%
Mar 30, 2005 — $1.80 -10.0%
Dec 29, 2004 — $2.00 +0.0%
Sep 28, 2004 — $2.00 +4.2%
Jun 30, 2004 — $1.92 -4.0%
Mar 29, 2004 — $2.00 +6.4%
Dec 24, 2003 — $1.88 +67.9%
Oct 1, 2003 — $1.12 -53.3%
Jun 30, 2003 — $2.40 +0.0%
Mar 27, 2003 — $2.40 -11.8%
Dec 27, 2002 — $2.72 +0.0%
Oct 1, 2002 — $2.72 +0.0%
Jul 1, 2002 — $2.72 +7.9%
Apr 3, 2002 — $2.52 +5.0%
Dec 27, 2001 — $2.40 +33.3%
Oct 3, 2001 — $1.80 +12.5%
Jul 2, 2001 — $1.60 +33.3%
Apr 3, 2001 — $1.20 +20.0%
Dec 27, 2000 — $1.00 +0.0%
Oct 5, 2000 — $1.00 -16.7%
Jun 29, 2000 — $1.20 -14.3%
Apr 3, 2000 — $1.40 +0.0%
Dec 29, 1999 — $1.40 +0.0%
Oct 7, 1999 — $1.40 +0.0%
Jul 7, 1999 — $1.40 +6.1%
Mar 30, 1999 — $1.32 +8.2%
Dec 29, 1998 — $1.22 +13.0%
Oct 1, 1998 — $1.08 -15.6%
Jul 1, 1998 — $1.28 +0.0%
Mar 27, 1998 — $1.28 +45.5%
Dec 29, 1997 — $0.88 —

NLY dividend increases & cuts

Market-wide changes →
Ex-dateChangeOldNewStatus
Jun 30, 2026 Raised 7.1% $0.70 $0.75 Paid

Detected from the regular payment stream; supplemental and special dividends are excluded. Pro members get an email the morning a holding raises or cuts.

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. 118 payments tracked. Data last refreshed Oct 25, 2026. Spotted a mistake? Report it and we'll fix it.

NLY dividend FAQ

When is NLY's next ex-dividend date?

NLY's next ex-dividend date is Dec 30, 2026 (in 66 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 Jan 13, 2027.

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 Sep 30, 2026.

What is NLY's dividend yield?

NLY's trailing 12-month dividend yield is 15.80%, based on $2.90 per share paid over the last year and a share price of $18.35. The forward yield, using the indicated annual rate of $3.00 per share, is 16.35%.

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 3.8% a year (+5.5% 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 16.35%, you would need about 400 shares of NLY (roughly $7,340 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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