NEW YORK, NY--(BUSINESS WIRE)-- The Board of Directors of
Annaly Capital Management, Inc. (NYSE: NLY) declared the second quarter 2013
common stock cash dividend of $0.40 per common share. This dividend is payable
July 29, 2013, to common shareholders of record on July 1, 2013. The
ex-dividend date is June 27, 2013.
The Company distributes dividends based on its current
estimate of taxable earnings per common share, not GAAP earnings. Taxable and
GAAP earnings will typically differ due to items such as unrealized and
realized gains and losses, differences in premium amortization and discount
accretion, and non-deductible general and administrative expenses.
Dividends may be reinvested through the Company's Dividend
Reinvestment and Share Purchase Plan. Plan information may be obtained from the
Plan Administrator, Computershare at 1-866-353-7849, at www.annaly.com, or by
contacting the Company.
Annaly’s principal business objective is to generate net
income for distribution to its shareholders from its Investment Securities and
from dividends it receives from its subsidiaries. Annaly is a Maryland
corporation that has elected to be taxed as a real estate investment trust
(“REIT”).
For a complete copy of the company’s news release, please
contact:
Annaly Capital Management, Inc.
Investor Relations, 1-888-8Annaly
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