Annaly Capital Management's Series D Preferred Stock Crosses Above 7.5% Yield Territory
September 23, 2020 at 14:51 PM EDT
In trading on Wednesday, 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 $24.86 on the day.