Annaly Capital Management Series I Preferred Shares Cross 6.5% Yield Threshold


In Friday trade, Annaly Capital Management Inc.’s Series I cumulative fixed-rate variable redeemable preferred shares with shares changing hands as low as $ 25.94 on the day. This compares to an average return of 6.10% in the “Real Estate” preferred share category, according to Favorite Stock Channel. At the last close, NLY.PRI was trading at a premium of 4.56% over its liquidation preference amount, against an average premium of 5.26% in the “Real Estate” category.

The graph below shows the one-year performance of NLY.PRI shares, compared to NLY:

Below is a dividend history chart for NLY.PRI, showing historical dividend payments on Annaly Capital Management Inc’s cumulative fixed rate variable redeemable preferred shares:

NLY.PRI + Dividend + History + Graph

Free Report: Top 7% + Dividends (paid monthly)

In Friday’s trading, Annaly Capital Management Inc‘s 6.750% Variable Fixed Rate Cumulative Redeemable Preferred Shares Series I (ticker: NLY.PRI) are currently down about 0.7% on the day, while common stocks (ticker: NLY) are up about 0.8%.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.