Top 5 REIT Stocks Under $10

In this article we discuss the top 5 REIT stocks under $10 that are currently very attractive . If you want to read our comprehensive analysis of the real estate industry, go directly to the Top 10 REIT Stocks Under $10.

5. Annaly Capital Management, Inc. (NYSE: NLY)

Number of Hedge Fund Holders: 21

Annaly Capital Management, Inc (NYSE: NLY) is a REIT that acquires and finances commercial and residential assets. The company has delivered sustainable yields to its investors for more than 20 years and aims to continue delivering attractive returns. It has $14 billion in fixed capital. 21 hedge funds had a stake in Annaly Capital Management in Q4 2020.

• Annaly Capital signed a definitive deal to sell its commercial real estate assets to Asset Management L.P. for $2.33 billion.
• The sale highlights the company’s focus towards sustainability. It plans to use some of the proceeds from the sale to pay off some of the properties acquired through financing.
• The company’s board of directors appointed Eric A. Reeves as the new managing director and head of Duchossois Capital Management’s private capital investments. He will also be TDG’s Chief Administrative Officer, secretary, and general counsel.
• Annaly Capital announced a dividend of $0.22 per common share for Q1 2021.
• Annaly Capital revealed that it is one of the 380 companies that have investments spread out across 11 sectors that were part of the 2021 Bloomberg Gender-Equality Index (“GEI”).