The Mortgage Lender Implode-O-Meter

[goofer]

Be patient ...you will be rewarded in C and WM. They both increase their dividends, Citicorp does it annually (each February) and WM each quarter, usually by a penny. I know nothing about NLY.

 

[Sandcastle]

Be patient ...you will be rewarded in C and WM. They both increase their dividends, Citicorp does it annually (each February) and WM each quarter, usually by a penny. I know nothing about NLY.

I know, Goofer. I only buy companies that pay high dividends with a good chance of annual increases. I hold them into perpetuity. So far, a diverse portfolio of these has paid the bills.

I believe that NLY has a good chance of scooping up troubled mortgages from weaker firms at bargain prices. This is a real speculation.