Cramer is bullish on dividend stocks

Jim Cramer is still bullish on select dividend stocks and named names on Wednesday’s episode of “Mad Money.” Mortgage REIT Annaly Capital Mgmnt (NLY) is one name Cramer said investors should embrace, calling Annaly Capital a “buy.” The stock currently yields a whopping 14%. The Mortgage Investment Stocks Index is up about 10% in the past six months.

Chimera Investment (CIM), another Index constituent, with a 16.3% yield based on historical distributions, has returned almost 16% over the past six months while Dynex Capital (DX) has jumped 13%. Dynex Capital yields 10%.

Source: TickerSpy

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