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Annaly Capital Management's Series A Preferred Stock Shares Cross 8% Yield Mark

In trading on Monday, shares of Annaly Capital Management Inc's 7.875% Series A Cumulative Redeemable Preferred Stock (Symbol: NLY.PRA) were yielding above the 8% mark based on its quarterly dividend (annualized to $1.9688), with shares changing hands as low as $24.19 on the day. This compares to an average yield of 7.28% in the "Real Estate" preferred stock category, according to Preferred Stock Channel . As of last close, NLY.PRA was trading at a 1.16% discount to its liquidation preference amount, versus the average discount of 0.52% in the "Real Estate" category.

Performance Comparison Chart

Below is a dividend history chart for NLY.PRA, showing historical dividend payments on Annaly Capital Management Inc's 7.875% Series A Cumulative Redeemable Preferred Stock:

NLY.PRA+Dividend+History+Chart

In Monday trading, Annaly Capital Management Inc's 7.875% Series A Cumulative Redeemable Preferred Stock (Symbol: NLY.PRA) is currently down about 2.1% on the day, while the common shares (Symbol: NLY) are off about 1.7%.

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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