NEW YORK--(BUSINESS WIRE)--
The Board of Directors of Annaly Capital Management, Inc. (NYSE: NLY)
declared the fourth quarter 2011 common stock cash dividend of $0.57 per
common share. This dividend is payable January 26, 2012 to common
shareholders of record on December 29, 2011. The ex-dividend date is
December 27, 2011.
The Company distributes its fourth quarter dividend based on its current
estimate of taxable earnings per common share for the year, 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, Mellon Investor Services at 1-866-353-7849, at www.annaly.com,
or by contacting the Company.
Annaly manages assets on behalf of institutional and individual
investors worldwide. The Company’s principal business objective is to
generate net income for distribution to investors 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”).
This news release and our public documents to which we refer contain or
incorporate by reference certain forward-looking statements within the
meaning of Section 27A of the Securities Act of 1933, as amended, and
Section 21E of the Securities Exchange Act of 1934, as amended.
Forward-looking statements which are based on various assumptions (some
of which are beyond our control) 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, changes in interest rates, changes in the yield curve,
changes in prepayment rates, the availability of mortgage-backed
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,
changes in government regulations affecting our business, our ability to
maintain our qualification as a REIT for federal income tax purposes,
our ability to maintain an exemption from registration under the
Investment Company Act of 1940, risks associated with the broker-dealer
business of our subsidiary, as well as risks associated with the
investment advisory business of our subsidiaries, including the removal
by clients of assets they manage, their regulatory requirements and
competition in the investment advisory 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. We do not undertake, and specifically disclaim 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.
Annaly Capital Management, Inc.
Investor Relations, 1-888-8Annaly
www.annaly.com
Source: Annaly Capital Management, Inc.