Annaly Capital Management, Inc. Announces Aggregate 3rd Quarter 2018 Common Stock Dividend of $0.30
Sep. 11, 2018
NEW YORK--(BUSINESS WIRE)--Sep 11, 2018--The Board of Directors of Annaly Capital Management, Inc. (NYSE: NLY ) (the “Company” or “Annaly”) today declared a cash dividend of $0.07826 per common share. This dividend is payable October 31, 2018, to common shareholders of record on September 28, 2018. The ex-dividend date is September 27, 2018. This dividend is for the period from September 7, 2018 through September 30, 2018.
As a result of today’s announced dividend of $0.07826 per common share and the previously announced and paid short period dividend of $0.22174 per common share in connection with the Company’s acquisition of MTGE Investment Corp., Annaly’s aggregate dividend for the third quarter of 2018 is $0.30 per common share.
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 preserve capital through prudent selection of investments and continuous management of its portfolio. Annaly has elected to be taxed as a real estate investment trust, or REIT, for federal income tax purposes. Annaly is externally managed by Annaly Management Company LLC. Additional information on the company can be found at www.annaly.com.
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 mortgage 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 and 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 any potential business disruption following the acquisition of MTGE Investment Corp., which we completed on September 7, 2018. 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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CONTACT: Annaly Capital Management, Inc.
KEYWORD: UNITED STATES NORTH AMERICA NEW YORK
INDUSTRY KEYWORD: PROFESSIONAL SERVICES REIT FINANCE CONSTRUCTION & PROPERTY
SOURCE: Annaly Capital Management, Inc.
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PUB: 09/11/2018 04:01 PM/DISC: 09/11/2018 04:01 PM