Reported about 10 hours ago
The author reflects on the costly experience of investing in Annaly Capital Management, driven by its enticing dividend yield which ultimately proved unsustainable. Over the years, the stock's value declined while dividends were cut multiple times, teaching a critical lesson about focusing on companies with stable earnings and a strong financial foundation rather than just attractive yields. The article emphasizes the importance of seeking dividend growth over merely high yields for long-term investment success.
Source: YAHOO