Annaly Capital Management's Series G Preferred Stock Shares Cross 7.5% Yield Mark
November 11, 2020 at 14:04 PM EST
In trading on Wednesday, 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 7.5% mark based on its quarterly dividend (annualized to $1.625), with shares changing hands as low as $21.59 on the day.