Annaly Capital Management, Inc. Announces 1st Quarter 2014 Dividend of $0.30 per Share
March 20 2014 - 4:05PM
Business Wire
The Board of Directors of Annaly Capital Management, Inc.
(NYSE:NLY) declared the first quarter 2014 common stock cash
dividend of $0.30 per common share. This dividend is payable April
30, 2014, to common shareholders of record on April 1, 2014. The
ex-dividend date is March 28, 2014.
The Company distributes dividends based on its estimate of
taxable earnings per common share, not GAAP earnings. Taxable and
GAAP earnings will typically differ due to items such as unrealized
and realized gains and losses, differences in premium amortization
and discount accretion, and non-deductible general and
administrative expenses.
Dividends may be reinvested through the Company's Dividend
Reinvestment and Share Purchase Plan. Plan information may be
obtained from the Plan Administrator, Computershare at
1-866-353-7849, at www.annaly.com, or by contacting the
Company.
Annaly’s principal business objective is to generate net income
for distribution to its shareholders from its investments. Annaly
is a Maryland corporation that has elected to be taxed as a real
estate investment trust (“REIT”). Annaly is managed and advised by
Annaly Management Company LLC.
This news release and our public documents to which we refer
contain or incorporate by reference certain forward-looking
statements which are based on various assumptions (some of which
are beyond our control) and may be identified by reference to a
future period or periods or by the use of forward-looking
terminology, such as "may," "will," "believe," "expect,"
"anticipate," "continue," or similar terms or variations on those
terms or the negative of those terms. Actual results could differ
materially from those set forth in forward-looking statements due
to a variety of factors, including, but not limited to, changes in
interest rates; changes in the yield curve; changes in prepayment
rates; the availability of mortgage-backed securities and other
securities for purchase; the availability of financing and, if
available, the terms of any financings; changes in the market value
of our assets; changes in business conditions and the general
economy; our ability to grow the commercial mortgage business; our
ability to consummate any contemplated investment opportunities;
changes in government regulations affecting our business; our
ability to maintain our qualification as a REIT for federal income
tax purposes; our ability to maintain our exemption from
registration under the Investment Company Act of 1940, as amended;
risks associated with the businesses of our subsidiaries, including
the investment advisory business of our wholly-owned subsidiary and
risks associated with the broker-dealer business of our
wholly-owned subsidiary. For a discussion of the risks and
uncertainties which could cause actual results to differ from those
contained in the forward-looking statements, see "Risk Factors" in
our most recent Annual Report on Form 10-K and any subsequent
Quarterly Reports on Form 10-Q. We do not undertake, and
specifically disclaim any obligation, to publicly release the
result of any revisions which may be made to any forward-looking
statements to reflect the occurrence of anticipated or
unanticipated events or circumstances after the date of such
statements.
Annaly Capital Management, Inc.Investor Relations,
1-888-8Annalywww.annaly.com
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