The $0.5609 payout on NLY.PR.J marks an 8.6% forward yield, payable to shareholders of record June 1.
Annaly Capital Management’s 8.875% Cumulative Preferred Series J (NLY.PR.J) announced a $0.5609 per share quarterly dividend. The payout equates to an 8.6% forward yield based on current prices.
The dividend is payable June 30 to shareholders of record as of June 1, with an ex-dividend date of June 1. The company’s preferred shares have maintained consistent quarterly distributions in recent periods.
No immediate market reaction was disclosed following the announcement.