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Annaly Capital Management, Inc. Message Board

  • Spenser4Hire Spenser4Hire Feb 22, 2000 3:42 AM Flag

    Next Dividend?

    When is the next Ex-dividend date for NLY?
    April 27th?

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    • Wednesday March 29, 5:00 pm Eastern

      Company Press Release

      Annaly Mortgage Management,
      Inc. Declares First
      Quarter 2000

      NEW YORK--(BUSINESS WIRE)--March 29, 2000--The Board
      of Directors of Annaly
      Mortgage Management, Inc.
      (NYSE: NLY - news) declared the first quarter 2000
      stock dividend of $0.35 per share. The $0.35 per share
      dividend represents a 6% increase from the first quarter
      dividend of $0.33. This dividend is payable on April 28,
      2000, to common shareholders of record as of April 5,
      2000. The
      dividend is paid from earnings and is not
      a return of stockholder equity.

      Timothy J.
      Guba, President and Chief Operating Officer stated
      ``Annaly's history of paying exemplary dividends to our
      shareholders throughout our history remains untainted in yet
      another period of challenging times in the fixed income
      mortgage backed markets. We would like to remind our
      shareholders that dividends may be reinvested through
      Dividend Reinvestment and Share Purchase Plan.''
      Information regarding this plan may be obtained from the
      Administrator, ChaseMellon Shareholder Services, by calling toll
      free 800-842-7629 or by contacting the Company.

      Annaly Mortgage Management, Inc., a Maryland
      corporation, owns and manages a portfolio of mortgage-backed
      assets. The
      Company's principal business objective is
      to generate net income for distribution to
      stockholders from the spread between the
      interest income on
      its assets and the costs of borrowing to finance its
      acquisition of these assets. The Company has elected to
      taxed as a real estate investment trust (REIT) and
      currently has 13,899,689 shares of common stock

      Safe Harbor Statement under the Private
      Securities Litigation Reform Act of 1995: Statements in this
      press release regarding
      Annaly Mortgage Management,
      Inc.'s business which are not historical facts are
      ``forward-looking statements'' that involve
      risks and
      uncertainties. For discussion of such risks and uncertainties,
      which could cause actual results to differ from
      contained in the forward looking statement, see ``Risk
      Factors'' in the Company Registration Statement and 1999
      Form 10K
      filed with the Securities and Exchange

    • So I expect the next one to be about Mar29. You don't actually get the dividend on the ex-date though. It's usually about a month later.

10.08-0.05(-0.49%)Oct 21 4:04 PMEDT