Annaly Capital Management's Series A Preferred Stock Shares Cross 8% Yield Mark
June 03, 2015 at 14:24 PM EDT
In trading on Wednesday, shares of Annaly Capital Management Inc's 7.875% Series A Cumulative Redeemable Preferred Stock (NLY. RA) were yielding above the 8% mark based on its quarterly dividend (annualized to $1.9688), with shares changing hands as low as $24.53 on the day.