Annaly Capital Management, Inc. Announces 1st Quarter 2020 Common Stock Dividend of $0.25 per Share
March 16 2020 - 7:15AM
Business Wire
The Board of Directors of Annaly Capital Management, Inc. (NYSE:
NLY) (“Annaly” or the “Company”) declared the first quarter 2020
common stock cash dividend of $0.25 per common share. This dividend
is payable April 30, 2020, to common shareholders of record on
March 31, 2020. The ex-dividend date is March 30, 2020.
About Annaly
Annaly is a leading diversified capital manager that invests in
and finances residential and commercial assets. Annaly’s principal
business objective is to generate net income for distribution to
its stockholders and to optimize its returns through prudent
management of its diversified investment strategies. Annaly has
elected to be taxed as a real estate investment trust, or REIT, for
federal income tax purposes. Until the closing of its announced
internalization transaction, Annaly is externally managed by Annaly
Management Company LLC. Additional information on the company can
be found at www.annaly.com.
Forward-Looking Statements
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 financing; changes in the market value
of our assets; changes in business conditions and the general
economy; our ability to grow our commercial real estate business;
our ability to grow our residential credit business; our ability to
grow our middle market lending business; credit risks related to
our investments in credit risk transfer securities, residential
mortgage-backed securities and related residential mortgage credit
assets, commercial real estate assets and corporate debt; risks
related to investments in mortgage servicing rights; our ability to
consummate any contemplated investment opportunities; changes in
government regulations or policy affecting our business; our
ability to maintain our qualification as a REIT for U.S. federal
income tax purposes; our ability to maintain our exemption from
registration under the Investment Company Act of 1940, as amended;
and risks and uncertainties associated with the Internalization,
including but not limited to the occurrence of any event, change or
other circumstances that could give rise to the termination of the
Internalization Agreement; the outcome of any legal proceedings
that may be instituted against the parties to the Internalization
Agreement; the inability to complete the Internalization due to the
failure to satisfy closing conditions or otherwise; risks that the
Internalization disrupts our current plans and operations; the
impact, if any, of the announcement or pendency of the
Internalization on our relationships with third parties; and the
amount of the costs, fees, expenses charges related to the
Internalization; and the risk that the expected benefits, including
long-term cost savings, of the Internalization are not achieved.
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, except as required by law.
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Annaly Capital Management, Inc. Investor Relations 1-888-8Annaly
www.annaly.com
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