American Capital Agency Corp. (AGNC), Annaly Capital Management, Inc. (NLY)- Disaster Strikes Mortgage REITs: What Investors Need to Know

Things won’t be this way forever
For the near future, things look a little bleak. Remember, however, that this, too, will pass. In 2005, for instance, Annaly Capital Management, Inc. (NYSE:NLY) was paying a mere $0.13 dividend, and Capstead Mortgage Corporation (NYSE:CMO) was doling out a pitiful $0.02 in the face of rising short-term interest rates. Yet, both survived, going on to pay out luscious dividends — a fact to which their investors can attest. Mortgage REITs are navigating rough seas right now, but smart investors will do well to stay the course.

The article Disaster Strikes Mortgage REITs: What Investors Need to Know originally appeared on Fool.com is written by Amanda Alix.

Fool contributor Amanda Alix has no position in any stocks mentioned. The Motley Fool has no position in any of the stocks mentioned.

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