Annaly Capital Management Series D Cumulative Redeemable Preferred Stock Yield Pushes Past 7.5%
March 06, 2015 at 14:12 PM EST
In trading on Friday, shares of Annaly Capital Management Inc's 7.50% Series D Cumulative Redeemable Preferred Stock (NLY. RD) were yielding above the 7.5% mark based on its quarterly dividend (annualized to $1.875), with shares changing hands as low as $24.28 on the day.