NLY Dividend History & Yield Analysis

NLY has 60+ recorded dividend payments. Below is the full payout history with ex-dividend dates, pay dates, annual dividend totals and the current trailing and forward yield.

Yield & Payout Metrics

Dividend yield (TTM)
12.20%
Forward yield
12.84%
Dividend per share (TTM)
$2.85
Annualized rate
$3.00
Payout frequency
Quarterly
Last payment
$0.7500
5-year dividend CAGR
-5.11%
Consecutive growth years
1

Yields calculated against a market price of $23.37.

Annual Dividend History

  • 2026$1.45
  • 2025$2.80
  • 2024$2.60
  • 2023$2.60
  • 2022$3.52
  • 2021$3.52
  • 2020$3.64
  • 2019$4.20
  • 2018$4.80
  • 2017$4.80
  • 2016$4.80
  • 2015$4.80
  • 2014$4.80
  • 2013$6.00
  • 2012$8.20
  • 2011$9.76
  • 2010$10.60
  • 2009$10.16
  • 2008$8.32
  • 2007$4.16
  • 2006$2.28
  • 2005$4.16
  • 2004$7.92
  • 2003$7.80
  • 2002$10.68

NLY Payout History & Ex-Dividend Dates

NLY dividend payments with ex-dividend date, pay date and amount per share
Ex-dividend datePay dateAmount / share
2026-06-012026-06-30$0.7500
2026-03-012026-03-31$0.7000
2025-12-012025-12-31$0.7000
2025-09-012025-09-30$0.7000
2025-06-012025-06-30$0.7000
2025-03-012025-03-31$0.7000
2024-12-012024-12-31$0.6500
2024-09-012024-09-30$0.6500
2024-06-012024-06-28$0.6500
2024-03-012024-03-27$0.6500
2023-12-012023-12-28$0.6500
2023-09-012023-09-28$0.6500
2023-06-012023-06-29$0.6500
2023-03-012023-03-30$0.6500
2022-12-012022-12-29$0.8800
2022-09-012022-09-29$0.8800
2022-06-012022-06-29$0.8800
2022-03-012022-03-30$0.8800
2021-12-012021-12-30$0.8800
2021-09-012021-09-29$0.8800
2021-06-012021-06-29$0.8800
2021-03-012021-03-30$0.8800
2020-12-012020-12-30$0.8800
2020-09-012020-09-29$0.8800
2020-06-012020-06-29$0.8800
2020-03-012020-03-30$1.00
2019-12-012019-12-30$1.00
2019-09-012019-09-27$1.00
2019-06-012019-06-27$1.00
2019-03-012019-03-28$1.20
2018-12-012018-12-28$1.20
2018-10-012018-09-27$0.3120
2018-09-012018-09-05$0.8880
2018-06-012018-06-28$1.20
2018-03-012018-03-28$1.20
2017-12-012017-12-28$1.20
2017-09-012017-09-28$1.20
2017-06-012017-06-28$1.20
2017-03-012017-03-29$1.20
2016-12-012016-12-28$1.20
2016-09-012016-09-28$1.06
2016-07-012016-07-07$0.1440
2016-06-012016-06-28$1.20
2016-03-012016-03-29$1.20
2015-12-012015-12-29$1.20
2015-09-012015-09-28$1.20
2015-06-012015-06-26$1.20
2015-03-012015-03-27$1.20
2014-12-012014-12-29$1.20
2014-09-012014-09-29$1.20
2014-06-012014-06-27$1.20
2014-03-012014-03-28$1.20
2013-12-012013-12-27$1.20
2013-09-012013-09-27$1.40
2013-06-012013-06-27$1.60
2013-03-012013-03-27$1.80
2012-12-012012-12-26$1.80
2012-09-012012-09-27$2.00
2012-06-012012-06-27$2.20
2012-03-012012-03-28$2.20

Does NLY pay dividends?

Yes. NLY pays on a quarterly schedule, most recently $0.7500 per share with an ex-dividend date of 2026-06-01. To receive a payout you must own the shares before the ex-dividend date; buying on or after it means the previous holder collects that payment.

How the NLY yield is calculated

The trailing yield divides the last twelve months of dividends per share ($2.85) by the latest market price. The forward yield annualizes the most recent payment across 4 payments per year, which reacts faster after a dividend raise or cut. A rising yield is only good news when it comes from a growing payout rather than a falling share price — check the annual history above and the NLY DCF fair value page for the cash flow behind it.