Annaly Capital Management, Inc. ( NYSE:NLY – Get Free Report ) announced a quarterly dividend on Thursday, December 5th, RTT News reports. Investors of record on Tuesday, December 31st will be given a dividend of 0.65 per share by the real estate investment trust on Friday, January 31st. This represents a $2.60 annualized dividend and a yield of 13.73%. The ex-dividend date of this dividend is Tuesday, December 31st. Annaly Capital Management has decreased its dividend by an average of 2.0% annually over the last three years. Annaly Capital Management has a payout ratio of 94.5% indicating that its dividend is currently covered by earnings, but may not be in the future if the company’s earnings fall. Analysts expect Annaly Capital Management to earn $2.65 per share next year, which means the company should continue to be able to cover its $2.60 annual dividend with an expected future payout ratio of 98.1%. Annaly Capital Management Stock Down 0.2 % NYSE:NLY opened at $18.94 on Friday. The stock has a market cap of $10.62 billion, a P/E ratio of -270.57 and a beta of 1.51. The business’s 50-day moving average price is $19.51 and its two-hundred day moving average price is $19.81. Annaly Capital Management has a twelve month low of $17.67 and a twelve month high of $21.11. Wall Street Analyst Weigh In A number of research analysts recently commented on the company. Argus raised Annaly Capital Management from a “hold” rating to a “buy” rating and set a $21.00 target price on the stock in a research note on Thursday, October 31st. JPMorgan Chase & Co. reduced their price objective on Annaly Capital Management from $21.00 to $20.00 and set an “overweight” rating on the stock in a research report on Monday, December 9th. Finally, Wells Fargo & Company upgraded Annaly Capital Management from an “equal weight” rating to an “overweight” rating and boosted their target price for the stock from $19.00 to $23.00 in a research report on Friday, September 20th. Two analysts have rated the stock with a hold rating and eight have issued a buy rating to the stock. According to MarketBeat, Annaly Capital Management currently has a consensus rating of “Moderate Buy” and an average target price of $21.50. Check Out Our Latest Report on Annaly Capital Management About Annaly Capital Management ( Get Free Report ) Annaly Capital Management, Inc, a diversified capital manager, engages in mortgage finance. The company invests in agency mortgage-backed securities collateralized by residential mortgages; non-agency residential whole loans and securitized products within the residential and commercial markets; mortgage servicing rights; agency commercial mortgage-backed securities; to-be-announced forward contracts; residential mortgage loans; and agency or private label credit risk transfer securities. See Also Receive News & Ratings for Annaly Capital Management Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Annaly Capital Management and related companies with MarketBeat.com's FREE daily email newsletter .Tecno Unveils AI Assistant Application in AddisNone
( MENAFN - GetNews) Miami, FL - December 16, 2024 - Magic Publishers , creator of unique spiritual tools, announces the release of its Santa Muerte Colors Tarot Deck, a new tarot deck that merges traditional art with the power of AI-generated art. Developed using OpenAI's DALL-E technology, this deck brings the culturally rich symbolism of Santa Muerte to life through AI-generated designs, offering a modern twist on spiritual practices. The Santa Muerte Colors Tarot Deck raises a critical discussion in the art world today: Does AI art require an artist to create it? For Magic Publishers founder Nait Sabes, the answer is yes. “While AI technology provides powerful tools, it is the artist's vision and craftsmanship that guide the process. Just as photography was once questioned as an art, AI art is an extension of human creativity, not a replacement,” Sabes explained. The deck's creator emphasizes that this project, which took over 400 hours to complete, is a testament to the collaboration between technology and artistic mastery. Santa Muerte, a figure with deep cultural significance, traces its origins back to the colonization of Mexico when indigenous devotees secretly worshiped her during times of persecution. The figure of Santa Muerte embodies love, protection, and the connection between life and death, unlike the traditional grim reaper, making her a symbol of profound spiritual strength. The Santa Muerte Colors Tarot Deck is unique in that it highlights the colors and symbolism that devotees of Santa Muerte hold dear, offering a fresh perspective on tarot. It challenges traditional tarot imagery, such as the Rider-Waite tarot deck, while embracing Santa Muerte's powerful narrative. By combining AI with rich cultural storytelling, Magic Publishers opens up new possibilities for tarot cards with guidebooks, offering users a deeper understanding of spiritual practices. While AI art has been met with some skepticism, it is clear that when used thoughtfully, Sabes believes that AI can enhance human artistry. The Santa Muerte Colors Tarot Deck demonstrates this intersection, offering a harmonious blend of innovation and tradition. “Just like a translator of poetry from one language to another must themselves be a poet, an artist creating computer-art must themselves be an artist,” Sabes explained. For more information on the deck's physical copy on Amazon, visit this link . To download the digital version on Deckible, click here . About Magic Publishers Magic Publishers creates unique spiritual tools that combine tradition and innovation. The Santa Muerte Colors Tarot Deck features 78 beautifully designed cards, inspired by the powerful Santa Muerte tradition. Each card offers vibrant artwork and rich symbolism, providing clarity and intuitive insights for readers of all levels. Available in both physical and digital formats, this new tarot deck empowers individuals on their spiritual journey, blending mystery and self-discovery with every reading. MENAFN16122024003238003268ID1108999855 Legal Disclaimer: MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.With the holiday shopping season in full swing, Bronx District Attorney Darcel Clark is calling on elected officials and business leaders to reassess how cannabis offenses and retail theft are prosecuted, warning that current laws fail to protect Bronx communities. In a Dec. 6 letter addressed to 12 local Business Improvement District (BID) leaders and elected officials, Clark argued that existing laws are too lenient, enabling crimes that harm small businesses. Clark argued that Bronx small businesses are fighting a losing battle against types of crime that pose a serious threat to their livelihood. The current laws “do not provide adequate protection for our community,” she said in the letter. The Bronx Times reached out to several recipients and is awaiting a response. When it comes to cannabis, Clark said the state’s Marijuana Regulation and Taxation Act of 2021 — aimed at reducing mass incarceration that has disproportionately affected Black and brown people — left a loophole that “[makes] it virtually impossible to prosecute any illegal cannabis possession and sale.” The loophole comes from the current law’s use of “pure weight” instead of “aggregate weight” in measuring cannabis. “Aggregate weight” includes the entire amount of cannabis seized by authorities, which could include fillers, as explained by a DA spokesperson. “Pure weight,” which is more difficult to quantify, only measures the amount that contains the high-inducing chemical THC. For instance, a bag of cannabis that includes stems and seeds would combine for the “aggregate weight.” Amid Bronx officials’ efforts to clamp down on illegal smoke shops, prosecuting under the current “pure weight” standard has let too many illegal cannabis dealers off the hook, in Clark’s view. She pointed to two Brooklyn cases dismissed because of the difference in standard and said she anticipates that the same will happen in the Bronx. Current laws may need to be tweaked to ensure that cannabis seized from unlicensed shops can be prosecuted, she said. ‘Collateral consequences’ Clark said retail theft is another “significant problem” because too many offenders are released and go on to commit more crimes. While 2020 reforms to bail and discovery laws were well-intended at righting some past wrongs in the criminal justice system, some had “collateral consequences,” said Clark. “Whether it’s the result of judges choosing not to set bail for offenses that involve harm to property, or because of the timeline and volume of discovery, retail theft is still a real problem,” said Clark. The DA’s letter said that hardworking local entrepreneurs are unfairly threatened by these issues and that she looks forward to “These business owners pay high rents, work long hours, and struggle to remain economically viable due in large part to illegal activities in surrounding areas,” said Clark. Reach Emily Swanson at eswanson@schnepsmedia.com or (646) 717-0015. For more coverage, follow us on Twitter, Facebook and Instagram @bronxtimes