NEW YORK--(Business Wire)--
In accordance with the terms of the 7.875% Series A Cumulative Redeemable
Preferred Stock ("Series A Preferred Stock") of Annaly Capital Management, Inc.
(NYSE: NLY) ("Annaly"), the Board of Directors of Annaly has declared a Series A
Preferred Stock cash dividend for the fourth quarter of $0.492188 per share of
Series A Preferred Stock. This dividend is payable on December 31, 2009 to
Series A Preferred Stock shareholders of record as of December 1, 2009.
In accordance with the terms of Annaly`s 6% Series B Cumulative Convertible
Preferred Stock ("Series B Preferred Stock"), the Board of Directors of Annaly
has declared a Series B Preferred Stock cash dividend for the fourth quarter of
$0.375 per share of Series B Preferred Stock. This dividend is payable on
December 31, 2009 to Series B Preferred Stock shareholders of record as of
December 1, 2009.
Annaly manages assets on behalf of institutional and individual investors
worldwide. Annaly`s principal business objective is to generate net income for
distribution to investors from its Investment Securities and from dividends
Annaly 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, risks associated with the broker-dealer business of our
subsidiary, and 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
Copyright Business Wire 2009
