Annaly Capital Management, Inc. Announces 1st
Quarter Dividend of $0.65 per Share
March 22, 2010 04:08 PM Eastern Daylight Time
NEW YORK--(EON: Enhanced Online News)--The Board of Directors of Annaly Capital Management, Inc.
(NYSE: NLY) declared the first quarter 2010 common stock cash dividend of $0.65 per common share. This
dividend is payable April 28, 2010 to common shareholders of record on April 1, 2010. The ex-dividend date is
March 30, 2010.
Michael A.J. Farrell, Chairman, Chief Executive Officer and President of Annaly, commented on the dividend. “As
expected, this dividend reflects the effects of the initial stage of the Agencies’ delinquent-loan buyout program, which
results in elevated prepayment levels. I believe there may be an increase in volatility as a result of the uncertainty
surrounding these and other ongoing efforts by policymakers, and that the conservative approach of our portfolio
management team has prepared the company for this period of uncertainty.”
The Company distributes dividends based on its current estimate of taxable earnings per common share, not GAAP
earnings. Taxable and GAAP earnings will differ because of non-taxable unrealized and realized losses, differences in
premium amortization, and non-deductible general and administrative expenses.
Dividends may be reinvested through Annaly's Dividend Reinvestment Plan. Plan information may be obtained from
the Plan Administrator, Mellon Investor Services at 1-800-301-5234, at www.annaly.com, or by contacting the
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”), and currently has 559,593,326 shares of common stock outstanding.
This news release and our public documents to