Welcome to our dedicated page for Annaly Capital Management. news (Ticker: NLY), a resource for investors and traders seeking the latest updates and insights on Annaly Capital Management. stock.
Annaly Capital Management, Inc. (NYSE: NLY) is a prominent American mortgage real estate investment trust (REIT), established in 1997. Annaly is dedicated to generating net income for distribution to its shareholders through the meticulous selection and management of its investments. Since its inception, Annaly has distributed over $13 billion in dividends, underscoring its commitment to shareholder returns.
Annaly's diversified portfolio includes mortgage pass-through certificates, collateralized mortgage obligations, credit risk transfer securities, and other securities backed by pools of mortgage loans. The company also invests in residential mortgage loans and mortgage servicing rights. Annaly operates through three main investment groups:
- Annaly Agency Group: Focuses on investments in agency mortgage-backed securities.
- Annaly Residential Credit Group: Deals with non-agency residential mortgage assets.
- Annaly Mortgage Servicing Rights Group: Invests in mortgage servicing rights and related assets.
Annaly's strategic approach is to optimize returns while mitigating risk through a diversified investment strategy. The company is headquartered in New York and is listed on the New York Stock Exchange under the ticker symbol NLY. Annaly's goal is to offer stable and attractive returns to its shareholders while maintaining a robust and diversified portfolio.
Recent Achievements: Annaly continues to enhance its portfolio with strategic acquisitions and prudent financial management. The company remains focused on maximizing shareholder value through disciplined investment practices and operational excellence.
Current Projects: Annaly is actively involved in expanding its investment horizons, particularly in residential mortgage loans and mortgage servicing rights, to capitalize on evolving market opportunities. The company is committed to leveraging its expertise to navigate the dynamic real estate market effectively.
Annaly Capital Management is a leader in the mortgage REIT sector, known for its significant contributions to shareholders and its robust investment strategies. Investors seeking a reliable income-generating real estate investment trust consider Annaly a key player.
Annaly Capital Management (NYSE: NLY) has entered a definitive agreement to sell its Commercial Real Estate business to Slate Asset Management for $2.33 billion. This transaction includes equity interests, loan assets, and commercial mortgage-backed securities. Following the sale, key employees will transition to Slate. Annaly's CEO stated this move will enhance their focus on residential mortgage finance, a core strategy since 2013. The sale is expected to have an immaterial impact on financial metrics, including book value and dividends, with proceeds potentially used for targeted acquisitions.
Annaly Capital Management (NYSE: NLY) announced the appointment of Eric A. Reeves as an independent board member, effective March 19, 2021. Reeves brings extensive legal and investment experience, enhancing the board's capabilities. He aims to contribute to risk-adjusted returns in real estate and corporate lending. Reeves has held senior roles at Duchossois Capital Management and has a robust background in law. He will stand for re-election at the 2021 Annual Meeting of Stockholders.
Annaly operates as a diversified capital manager focusing on residential and commercial assets.
The Board of Directors of Annaly Capital Management (NYSE: NLY) has declared a cash dividend of $0.22 per common share for the first quarter of 2021. This dividend is scheduled for payment on April 30, 2021, to stockholders of record as of March 31, 2021, with the ex-dividend date set for March 30, 2021. Annaly focuses on generating net income through diversified investments in residential and commercial assets, managing its operations as a real estate investment trust (REIT).
Annaly has declared cash dividends for its Series F, G, and I Fixed-to-Floating Rate Cumulative Redeemable Preferred Stocks for Q1 2021. The Series F dividend is set at $0.434375 per share, Series G at $0.40625, and Series I at $0.421875. These dividends are payable on March 31, 2021, to shareholders on record as of March 1, 2021. With a focus on generating net income for stockholders, Annaly continues to manage a diversified investment strategy as a REIT.
Annaly Capital Management reported its financial results for Q4 and the full year 2020. Highlights include a GAAP net income of $0.60 per share for Q4 and a net loss of $0.73 for the year. Core earnings were $0.30 per share in Q4, totaling $1.10 for the year. The company declared a quarterly dividend of $0.22 per share and achieved economic returns of 5.1% for Q4. Total assets stood at $101.6 billion, with a book value of $8.92 per share. Annaly's capital allocation towards credit businesses increased to 22%, while economic leverage remained stable at 6.2x.
Annaly Capital Management (NYSE:NLY) will release its financial results for Q4 and the year ending December 31, 2020, after market close on February 10, 2021. A conference call to discuss these results is scheduled for February 11, 2021, at 9:00 a.m. ET, encouraging participants to pre-register for quicker access. The call can be joined via U.S. toll-free and international call-in numbers. The replay of the call will be available for a week post-event. Annaly focuses on generating net income to distribute to its stockholders and is a real estate investment trust (REIT).
Annaly Capital Management (NYSE:NLY) has authorized a new share repurchase program to buy back up to $1.5 billion of its common stock through December 31, 2021. This program replaces the previous $1.5 billion program that expired on December 31, 2020. Repurchases will be conducted in the open market or through private transactions based on economic conditions and stock price. The program provides flexibility as it does not obligate the company to acquire any specific amount and may be suspended at its discretion.
The Board of Directors of Annaly Capital Management (NYSE: NLY) has declared a fourth quarter 2020 cash dividend of $0.22 per common share. This dividend will be payable on January 29, 2021, to shareholders on record as of December 31, 2020, with an ex-dividend date of December 30, 2020. Annaly is a diversified capital manager focused on generating net income for its stockholders through investments in residential and commercial assets, structured as a real estate investment trust (REIT).
Annaly Capital Management (NYSE: NLY) announced the redemption of all 18.4 million shares of its 7.50% Series D Cumulative Redeemable Preferred Stock, with a cash redemption amount of $25.00 per share, plus accrued dividends. The redemption date is set for December 23, 2020, after which dividends will cease, and all rights related to the shares will terminate, except the right to receive the redemption amount. Notice and related materials have been mailed to the record holders of the Series D Preferred Stock.
Annaly has declared cash dividends for its preferred stock for Q4 2020. The dividends are as follows: $0.46875 per share for the 7.50% Series D, $0.434375 for the 6.95% Series F, $0.40625 for the 6.50% Series G, and $0.421875 for the 6.75% Series I. These dividends will be payable on December 31, 2020, to shareholders of record as of December 1, 2020. Annaly, a diversified capital manager focused on real estate, aims to generate net income for its shareholders through strategic investments.
FAQ
What is the current stock price of Annaly Capital Management. (NLY)?
What is the market cap of Annaly Capital Management. (NLY)?
What is Annaly Capital Management, Inc.?
When was Annaly Capital Management, Inc. founded?
What types of investments does Annaly Capital Management, Inc. hold?
How does Annaly Capital Management, Inc. generate income?
How much has Annaly paid in dividends since its inception?
What are Annaly's main investment groups?
What is the ticker symbol for Annaly Capital Management, Inc.?
What recent achievements has Annaly Capital Management, Inc. made?
What current projects is Annaly Capital Management, Inc. involved in?
Where is Annaly Capital Management, Inc. headquartered?
