REITs have been taking a beating for the past year…
Annaly Capital Management, Inc. (NYSE: NLY), which
is considered by many to be a proxy for the REIT sector, has lost about
one third of its market value since September 2012.
Investors in Annaly who’ve endured those losses will need more than two years of its 15.31% dividend yield to break even. (more)
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