Annaly Capital Management's Series A Preferred Stock Yield Pushes Past 7.5%
May 27, 2016 at 15:13 PM EDT
In trading on Friday, 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 $25.82 on the day.