Annaly Capital Management, Inc. Announces 3rd Quarter 2021 Common Stock Dividend of $0.22 per Share

Rhea-AI Summary

The Board of Directors of Annaly Capital Management (NYSE: NLY) has declared a cash dividend of $0.22 per common share for Q3 2021. This dividend is payable on October 29, 2021, to shareholders on record by September 30, 2021. The ex-dividend date is set for September 29, 2021. Annaly, a diversified capital manager focusing on mortgage finance and corporate middle market lending, aims to generate net income for stockholders and optimize returns through effective management strategies.

Positive

• Declared a cash dividend of $0.22 per share, payable October 29, 2021.
• Demonstrates commitment to returning value to shareholders.

Negative

• None.

NEW YORK--(BUSINESS WIRE)-- The Board of Directors of Annaly Capital Management, Inc. (NYSE: NLY) (“Annaly” or the “Company”) declared the third quarter 2021 common stock cash dividend of $0.22 per common share. This dividend is payable October 29, 2021 to common shareholders of record on September 30, 2021. The ex-dividend date is September 29, 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/20210909005943/en/

Annaly Capital Management, Inc.

Investor Relations

1-888-8Annaly

investor@annaly.com

Source: Annaly Capital Management, Inc.

FAQ

What is the dividend amount declared by Annaly Capital Management for Q3 2021?

The dividend amount declared is $0.22 per common share.

When will the dividend be paid to shareholders?

The dividend will be paid on October 29, 2021.

What is the ex-dividend date for Annaly's Q3 2021 dividend?

The ex-dividend date is September 29, 2021.

Who is eligible to receive the dividend from Annaly Capital Management?

Shareholders of record as of September 30, 2021, are eligible to receive the dividend.

What are the main business areas of Annaly Capital Management?

Annaly focuses on mortgage finance and corporate middle market lending.