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Stock impact report

Annaly Shares Gain as It Increases Quarterly Dividend by 7.7% [Yahoo! Finance]

Annaly Capital Management Inc (NLY) 
Last annaly capital management inc earnings: 4/29 04:15 pm Check Earnings Report
US:NYSE Investor Relations: annaly.com/investors
Company Research Source: Yahoo! Finance
quarter of 2025, marking a 7.7% hike from the preceding payout. This dividend will be paid out on April 30, 2025, to shareholders of record as of March 31. The company slashed its dividend by 26% to 65 cents in March 2023. Currently, NLY's payout ratio is 96% of its earnings. Based on its closing price of $21.61 on Friday, Annaly has an annual dividend yield of 12.03% at present. NLY's Other Capital Distribution Activities On Dec. 31, 2024, the company's board of directors authorized a common share repurchase program, which will expire on Dec. 31, 2029. Under the program, the company may repurchase up to $1.5 billion of its outstanding shares of common stock. However, the company has not repurchased shares under this plan since it was announced. Annaly is focusing on improving its liquidity and reducing leverage. Till the end of the fourth quarter of 2024, the company enjoyed a strong liquidity position. NLY had an unencumbered asset portfolio, aggregating $5.8 billion, which Show less Read more
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