Annaly Capital Management's Series I Preferred Stock Shares Cross 6.5% Yield Mark

In trading on Friday, shares of Annaly Capital Management Inc's 6.750% Series I Fixed-to-Floating Rate Cumulative Redeemable Preferred Stock (NLY. RI) were yielding above the 6.5% mark based on its quarterly dividend (annualized to $1.6875), with shares changing hands as low as $25.94 on the day.