Annaly Capital Management, Inc. Announces 3rd Quarter 2024 Common Stock Dividend of $0.65 per Share

Rhea-AI Summary

Annaly Capital Management (NYSE: NLY) has announced its third quarter 2024 common stock dividend. The Board of Directors declared a cash dividend of $0.65 per common share, maintaining the company's commitment to shareholder returns. This dividend will be payable on October 31, 2024, to shareholders of record as of September 30, 2024. The ex-dividend date is also set for September 30, 2024. This announcement demonstrates Annaly's continued focus on providing regular income to its investors, which is particularly significant for a real estate investment trust (REIT) like Annaly.

Positive

• Consistent dividend payment of $0.65 per share
• Maintaining shareholder returns in Q3 2024

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 2024 common stock cash dividend of $0.65 per common share. This dividend is payable October 31, 2024, to common shareholders of record on September 30, 2024. The ex-dividend date is September 30, 2024.

About Annaly

Annaly is a leading diversified capital manager with investment strategies across mortgage finance. 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,” “should,” “estimate,” “project,” “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 residential credit business; our ability to grow our mortgage servicing rights business; credit risks related to our investments in credit risk transfer securities and residential mortgage-backed securities and related residential mortgage credit assets; risks related to investments in mortgage servicing rights; the 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; and operational risks or risk management failures by us or critical third parties, including cybersecurity incidents. 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/20240910790101/en/

Annaly Capital Management, Inc.

Investor Relations

1-888-8Annaly

investor@annaly.com

Source: Annaly Capital Management, Inc.

FAQ

What is Annaly Capital Management's dividend for Q3 2024?

Annaly Capital Management (NLY) declared a dividend of $0.65 per common share for the third quarter of 2024.

When is the payment date for Annaly's Q3 2024 dividend?

The Q3 2024 dividend for Annaly Capital Management (NLY) is payable on October 31, 2024.

What is the record date for Annaly's Q3 2024 dividend?

The record date for Annaly Capital Management's (NLY) Q3 2024 dividend is September 30, 2024.

When is the ex-dividend date for Annaly's Q3 2024 dividend?

The ex-dividend date for Annaly Capital Management's (NLY) Q3 2024 dividend is September 30, 2024.