NEW YORK--(BUSINESS WIRE)--
The Board of Directors of Annaly Capital Management, Inc. (NYSE: NLY)
declared the first quarter 2013 common stock cash dividend of $0.45 per
common share. This dividend is payable April 29, 2013, to common
shareholders of record on April 1, 2013. The ex-dividend date is March
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”).
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, our
ability to integrate the commercial mortgage business, our ability to
consummate any contemplated investment opportunities, 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.