Annaly Capital Management's Series G Preferred Stock Yield Pushes Past 6.5%
April 20, 2021 at 15:50 PM EDT
In trading on Tuesday, shares of Annaly Capital Management Inc's 6.50% Series G Fixed-to-Floating Rate Cumulative Redeemable Preferred Stock (NLY. RG) were yielding above the 6.5% mark based on its quarterly dividend (annualized to $1.625), with shares changing hands as low as $24.94 on the day.