Annaly Capital Management (NLY) Dividend Coverage Ratio (2009 - 2026)
Annaly Capital Management's (NLY) quarterly Dividend Coverage Ratio came in at 1.42 in Q2 2026, up 866.58% on a YoY basis from 0.15 in Q2 2025, and up 213.24% quarter-over-quarter from 0.45 in Q1 2026.
Analysis
Annaly Capital Management (NLY) Dividend Coverage Ratio (2009 - 2026) Analysis & Trends
Annaly Capital Management (NLY) has reported Dividend Coverage Ratio for 13 consecutive years, with 1.42 the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Dividend Coverage Ratio rose 866.58% year-over-year to 1.42; the trailing twelve-month figure through Jun 2026 stood at 1.45 (up 139.53% YoY), and the FY2025 full-year result was 1.27, up 63.37% from the prior year.
- Dividend Coverage Ratio improved to 1.42 in Q2 2026 per NLY's latest filing, from 0.45 in the prior quarter.
- Across five years, Dividend Coverage Ratio topped out at 5.73 in Q1 2022 and bottomed at 3.73 in Q3 2022.
- Historically, Dividend Coverage Ratio has averaged 0.33 across 5 years, with a median of 0.61 in 2026.
- The sharpest annual moves came in 2022 and 2026: Dividend Coverage Ratio sank 361.38% in 2022, then jumped 866.58% in 2026.
- Over 5 years, Dividend Coverage Ratio stood at 1.82 in 2022, then tumbled by 167.5% to 1.23 in 2023, then soared by 127.95% to 0.34 in 2024, then soared by 516.5% to 2.12 in 2025, then slumped by 33.15% to 1.42 in 2026.
- According to Business Quant data, Dividend Coverage Ratio over the past three periods registered 1.42, 0.45, and 2.12 for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Div. Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Annaly Capital Management | 16.87 Bn | 13.96 Bn | - | 1.42 |
| 2 | AGNC Investment | 12.43 Bn | 11.10 Bn | - | 1.33 |
| 3 | Starwood Property Trust | 5.84 Bn | 3.67 Bn | - | 0.08 |
| 4 | Rithm Capital | 5.57 Bn | 5.57 Bn | - | 0.14 |
| 5 | Dynex Capital | 2.88 Bn | 2.27 Bn | - | 1.57 |
| 6 | Two Harbors Investment | 2.65 Bn | 2.01 Bn | - | 1.37 |
| 7 | Blackstone Mortgage Trust | 2.35 Bn | 1.91 Bn | - | -1.02 |
| 8 | Armour Residential REIT | 2.11 Bn | 2.02 Bn | - | 1.16 |
| 9 | Ellington Financial | 1.71 Bn | 1.46 Bn | - | 0.86 |
| 10 | Orchid Island Capital | 1.32 Bn | 637.53 Mn | 61.82 Mn | 1.40 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 1.42 |
| Mar 31, 2026 | 0.45 |
| Dec 31, 2025 | 2.12 |
| Sep 30, 2025 | 1.86 |
| Jun 30, 2025 | 0.15 |
| Mar 31, 2025 | 0.77 |
| Dec 31, 2024 | 0.34 |
| Sep 30, 2024 | 1.28 |
| Jun 30, 2024 | 0.22 |
| Mar 31, 2024 | 1.32 |
| Dec 31, 2023 | -1.23 |
| Sep 30, 2023 | -2.55 |
| Jun 30, 2023 | 0.84 |
| Mar 31, 2023 | -1.97 |
| Dec 31, 2022 | 1.82 |
| Sep 30, 2022 | -3.73 |
| Jun 30, 2022 | -2.89 |
| Mar 31, 2022 | 5.73 |
| Dec 31, 2021 | 1.12 |
| Sep 30, 2021 | 1.43 |