Annaly Capital Management's Series A Preferred Stock Shares Cross 7.5% Yield Mark
August 25, 2016 at 15:06 PM EDT
In trading on Thursday, shares of Annaly Capital Management Inc's 7.875% Series A Cumulative Redeemable Preferred Stock (NLY. RA) were yielding above the 7.5% mark based on its quarterly dividend (annualized to $1.9688), with shares changing hands as low as $26.25 on the day.