Annaly Capital Mgmt (NLY) prices 65 mln common stock offering

• Div/yield 0.30/9.90

  

Annaly Capital Mgmt to offer 65 mln shares of its common stock
Annaly intends to use the net proceeds of this offering to acquire targeted assets under the Company's capital allocation policy, which may include further diversification of its investments in Agency assets as well as residential, commercial and corporate credit assets.

Annaly Capital Management (NLY) trades ex-dividend on December 29, 2015

• Div/yield 0.30/12.32

Annaly Capital Management Inc (NLY) will begin trading ex-dividend on December 29, 2015. A cash dividend payment of $0.3 per share is scheduled to be paid on January 29, 2016. Shareholders who purchased NLY prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 9th quarter that NLY has paid the same dividend. At the current stock price of $9.75, the dividend yield is 12.31%.

NLY is a part of the Consumer Services sector, which includes companies such as Simon Property Group, Inc. (SPG) and Public Storage (PSA). NLY's current earnings per share, an indicator of a company's profitability, is -$.98. Zacks Investment Research reports NLY's forecasted earnings growth in 2015 as 7.79%, compared to an industry average of -3.9%.

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