Annaly Capital Management, Inc. vs BlackRock TCP Capital Corp — how do they compare? Annaly Capital Management, Inc. trades at $22.87 (market cap $16.63B), while BlackRock TCP Capital Corp trades at $3.24 (market cap $270.17M). The key difference: Annaly Capital Management, Inc. is far larger — about 61.6× BlackRock TCP Capital Corp's market cap, and BlackRock TCP Capital Corp pays the higher dividend (26.09%). Which is the better fit depends on your goals.
| NLY | TCPC | |
|---|---|---|
Market Cap | $16.63B | $270.17M |
Sector | Financials | Financials |
52-Week High | $24.40 | $7.64 |
52-Week Low | $19.96 | $3.14 |
Dividend Yield | 13.22% | 26.09% |
Trailing returns across standard periods
Latest headlines on both assets
Annaly Capital Management Inc is an American mortgage real estate investment trust. The company segments its operations into Residential and Commercial real estate investments. While Annaly's Residential assets are primarily comprised of agency mortgage-backed securities and debentures, it is primarily invested in commercial mortgage loans and mortgage-backed securities in its Commercial unit through its subsidiary, Annaly Commercial Real Estate Group. Agency mortgage-backed securities and debentures make up the majority of the company's overall portfolio. Most of the company's counterparties are located in the U.S. Annaly generates nearly all of its revenue from the spread between interest earned on its assets and interest payments made on its borrowings.
Read more on NLY →BlackRock TCP Capital Corp is a finance company specializing in middle-market lending. It aims for high returns through income and capital appreciation while prioritizing principal protection. The company invests in debt securities and earns revenue from interest payments, fees, and some equity appreciation.
Read more on TCPC →