Financial News

Annaly Capital Management's Series G Preferred Stock Yield Pushes Past 6.5%

In trading on Tuesday, shares of Annaly Capital Management Inc's 6.50% Series G Fixed-to-Floating Rate Cumulative Redeemable Preferred Stock (NLY. RG) were yielding above the 6.5% mark based on its quarterly dividend (annualized to $1.625), with shares changing hands as low as $24.94 on the day.
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