Annaly Capital Management, Inc. has officially declared its preferred stock dividends for the fourth quarter of 2025, providing an update that reflects the company's commitment to delivering value to its shareholders. The announcement, made on November 6, 2025, highlights dividends across four series of preferred stocks, showcasing varying rates in alignment with current market conditions.

1. Series F, G, and I Preferred Stock Dividends

Series F Preferred Stock

The Board of Annaly has declared a cash dividend of $0.578507 per share for the 6.95% Series F Fixed-to-Floating Rate Cumulative Redeemable Preferred Stock. This dividend corresponds to an annualized rate of 9.25611%, calculated based on the three-month CME Term SOFR, including a spread adjustment of 0.26161% and an additional spread of 4.993%.

Series G Preferred Stock

For the 6.50% Series G Fixed-to-Floating Rate Cumulative Redeemable Preferred Stock, the declared cash dividend is $0.538910 per share, reflecting an annualized rate of 8.43511%. Similar to Series F, this rate is determined by the three-month CME Term SOFR plus a spread adjustment of 0.26161% and a spread of 4.172%.

Series I Preferred Stock

The 6.75% Series I Fixed-to-Floating Rate Cumulative Redeemable Preferred Stock will see a cash dividend of $0.591107 per share. This dividend also aligns with the three-month CME Term SOFR, leading to an annualized rate of 9.25211%, incorporating a spread adjustment of 0.26161% and a spread of 4.989%.

2. Introduction of Series J Preferred Stock

In a notable development, Annaly has also announced the first cash dividend for its 8.875% Series J Cumulative Redeemable Preferred Stock, set at $0.88750 per share. This dividend is significant as it marks the inaugural distribution for Series J, covering the long first dividend period starting from its original issuance date of August 7, 2025.

3. Dividend Payment Schedule

All dividends for Series F, G, I, and J Preferred Stocks are scheduled to be paid on December 31, 2025, to shareholders of record as of December 1, 2025. This timely announcement is likely to enhance shareholder confidence as the company continues to navigate an evolving financial landscape.

4. About Annaly Capital Management

Annaly Capital Management is recognized as a leading diversified capital manager with investment strategies primarily focused on mortgage finance. The company's principal objective remains to generate net income that is distributable to its stockholders while optimizing returns through prudent management of its diversified investment strategies. Annaly operates as an internally managed entity and has elected to be taxed as a Real Estate Investment Trust (REIT) for federal income tax purposes.

As the market continues to evolve, Annaly’s approach to managing its portfolio and returning value to shareholders remains a focal point, with these recent dividend announcements underscoring its commitment to maintaining shareholder trust and satisfaction.

Original press release