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Annaly Capital Management, Inc. reports developments tied to its mortgage REIT platform and diversified investment strategies across mortgage finance. The company is internally managed and has elected REIT tax status, with business activity centered on Agency mortgage-backed securities, Residential Credit investments in non-Agency residential whole loans and securitized products, and Mortgage Servicing Rights.
Recurring updates include quarterly financial results, portfolio allocation, leverage and hedge disclosures, securitization activity, Onslow Bay correspondent loan activity, and cash dividends on common stock and Series F, Series G and Series J preferred stock. Annaly also announces earnings-call schedules and investor materials associated with its financial reporting cycle.
The Board of Directors of Annaly Capital Management (NYSE: NLY) declared a common stock cash dividend of $0.65 per share for Q1 2023, payable on April 28, 2023. Shareholders of record by March 31, 2023 will receive this dividend, with the ex-dividend date set for March 30, 2023. CEO David Finkelstein stated that this dividend aligns with the company's historical yield on book value, providing a sustainable yield of approximately 12.5%. Estimated book value per share ranges between $20.60 and $20.80 as of March 13, 2023.
Annaly Capital Management (NYSE: NLY) announced the retirement of Wellington J. Denahan, co-founder and Vice Chair of the Board, effective after the 2023 Annual Meeting. Under her leadership, Annaly evolved from a pure agency mortgage REIT to a diversified housing finance leader, delivering over 700% total shareholder return since its IPO in 1997 and $24 billion in dividends. Denahan's tenure has been marked by innovation and entrepreneurship. CEO David Finkelstein credited her vision for the company's significant achievements, noting that her departure will mark the end of an era for Annaly.
Annaly Capital Management has declared cash dividends for its Series F, G, and I Preferred Stocks for Q1 2023. The Series F Preferred Stock will pay $0.607679 per share, resulting in a yield of 9.72%. The Series G Preferred Stock will pay $0.40625 per share, while the Series I Preferred Stock will pay $0.421875 per share. All dividends are payable on March 31, 2023, to shareholders of record as of March 1, 2023. Annaly is recognized for its diversified capital management strategies focused on generating net income to distribute to stockholders.
Annaly Capital Management (NYSE: NLY) announced its financial results for Q4 and FY 2022. The company reported a GAAP net loss of ($1.96) per share for the quarter but net income of $3.93 per share for the full year. Earnings available for distribution (EAD) were $0.89 for Q4 and $4.23 for the year. Annualized GAAP return on average equity was (31.8%) for Q4. Annaly maintained total assets of $80.6 billion, and GAAP leverage increased to 6.0x. A quarterly dividend of $0.88 was declared. Key growth was noted in the Agency portfolio, with an economic return of 8.7% in Q4, despite a challenging 2022.
Annaly Capital Management, Inc. (NYSE:NLY) plans to release its financial results for the quarter and year ended December 31, 2022 after market close on February 8, 2023. A conference call will follow on February 9, 2023 at 10:00 a.m. Eastern Time to discuss the results. Pre-registration for the call is encouraged to receive a unique PIN for access. The replay of the call will be available for one week afterward. Annaly is focused on generating net income for stockholders through diversified investment strategies as a real estate investment trust (REIT).
Annaly Capital Management, Inc. (NYSE: NLY) has appointed Steven F. Campbell as President, in addition to his role as Chief Operating Officer, effective immediately. Campbell has been with Annaly since 2015 and has over 25 years of experience in financial services. CEO David Finkelstein emphasized Campbell's pivotal role in Annaly's success and strategic execution. The company, which is a leading residential mortgage REIT, aims to optimize returns for stockholders through diversified investment strategies. For more information, visit www.annaly.com.
Annaly Capital Management (NYSE: NLY) has declared a $0.88 cash dividend per common share for Q4 2022. Shareholders on record as of December 30, 2022, will receive the dividend on January 31, 2023. The ex-dividend date is set for December 29, 2022. Annaly is a diversified capital manager focused on mortgage finance, aiming to generate net income for its stockholders through prudent management of investments.
Annaly has declared cash dividends for its Series F, G, and I Preferred Stocks for Q4 2022. The Series F will pay $0.541688 per share, yielding 8.667% based on the three-month LIBOR rate. Series G will pay $0.40625, while Series I will pay $0.421875 per share. All dividends are payable on December 30, 2022 to shareholders of record as of December 1, 2022. Annaly, a real estate investment trust, aims to generate net income for its shareholders with a diversified capital management approach.
Annaly reported its financial results for Q3 2022, revealing a GAAP net loss of ($0.70) per share and Earnings Available for Distribution (EAD) of $1.06 per share, ensuring a dividend coverage of 120%. The economic return for the quarter was (11.7%), with a book value of $19.94 per share. Total assets rose to $86.2 billion, while GAAP leverage increased to 5.8x. Annaly declared a cash dividend of $0.88 per common share and is the second-largest purchaser of Mortgage Servicing Rights (MSR) this year, showcasing growth despite persistent market volatility.
Annaly Capital Management (NYSE: NLY) provided a portfolio update and preliminary financials as of September 30, 2022, amid ongoing market volatility. The estimated book value per share is between $19.85 and $20.05, a decline from $23.59 as of June 30, 2022. The GAAP leverage ratio increased to approximately 5.8:1. The company maintained a robust liquidity position of around $4.1 billion in cash and Agency MBS. A cash dividend of $0.88 per share was declared for Q3 2022.