Annaly Capital Management, Inc. Announces Preferred Dividends
August 11 2021 - 4:15PM
Business Wire
In accordance with the terms of Annaly’s 6.95% Series F
Fixed-to-Floating Rate Cumulative Redeemable Preferred Stock
(“Series F Preferred Stock”), the Board has declared a Series F
Preferred Stock cash dividend for the third quarter of 2021 of
$0.434375 per share of Series F Preferred Stock.
In accordance with the terms of Annaly’s 6.50% Series G
Fixed-to-Floating Rate Cumulative Redeemable Preferred Stock
(“Series G Preferred Stock”), the Board has declared a Series G
Preferred Stock cash dividend for the third quarter of 2021 of
$0.40625 per share of Series G Preferred Stock.
In accordance with the terms of Annaly’s 6.75% Series I
Fixed-to-Floating Rate Cumulative Redeemable Preferred Stock
(“Series I Preferred Stock”), the Board has declared a Series I
Preferred Stock cash dividend for the third quarter of 2021 of
$0.421875 per share of Series I Preferred Stock.
Dividends for the Series F Preferred Stock, Series G Preferred
Stock, and Series I Preferred Stock are payable on September 30,
2021 to preferred shareholders of record as of September 1,
2021.
About Annaly
Annaly is a leading diversified capital manager with investment
strategies across mortgage finance and corporate middle market
lending. 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 is internally managed and has elected to be
taxed as a real estate investment trust, or REIT, for federal
income tax purposes. 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, risks and
uncertainties related to the COVID-19 pandemic, including as
related to adverse economic conditions on real estate-related
assets and financing conditions; 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; operational risks or
risk management failures by us or critical third parties, including
cybersecurity incidents; 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 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; and the timing and
ultimate completion of the sale of our commercial real estate
business. 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. The Company does not undertake, and specifically
disclaims 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.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20210811005803/en/
Annaly Capital Management, Inc. Investor Relations 1-888-8Annaly
investor@annaly.com
Annaly Capital Management (NYSE:NLY)
Historical Stock Chart
From Mar 2024 to Apr 2024
Annaly Capital Management (NYSE:NLY)
Historical Stock Chart
From Apr 2023 to Apr 2024