Is Annaly Capital Management a Smart Buy Right Now?

Matthew Frankel, CFP, The Motley Fool
·6-min read

When it comes to real estate investment trusts, or REITs, there are two very different kinds. There are equity REITs, which own commercial properties, and then there are mortgage REITs, which own mortgages and other financial investments. One of the most popular mortgage REITs is Annaly Capital Management (NYSE: NLY), which is not only a rather large mortgage REIT, but, with an 11% dividend yield, is also one of the highest-paying.