Annaly Capital Management's Series F Preferred Stock Shares Cross 7.5% Yield Mark
August 31, 2020 at 15:52 PM EDT
In trading on Monday, shares of Annaly Capital Management Inc's 6.95% Series F Fixed-to-Floating Rate Cumulative Redeemable Preferred Stock (NLY. RF) were yielding above the 7.5% mark based on its quarterly dividend (annualized to $1.7375), with shares changing hands as low as $23.16 on the day.
