Annaly Capital Declares $0.70 Quarterly Dividend for Q1 2026
Annaly Capital Management Inc (NYSE: NLY), a mortgage REIT, declared a quarterly cash dividend of $0.70 per common share for the quarter ended March 31, 2026. The announcement came alongside earnings available for distribution of $0.76 per share.
Annaly Capital Management Inc (NYSE: NLY), a mortgage real estate investment trust specializing in agency and residential credit investments, declared a quarterly cash dividend of $0.70 per common share for the first quarter of 2026. Read more dividend announcements.
The dividend represents a regular quarterly payment to shareholders as the company reported earnings available for distribution of $0.76 per average common share for the quarter ended March 31, 2026. Book value per common share stood at $19.82 as of the quarter end.
The company reported an economic return of 1.5% for the first quarter, marking its tenth consecutive quarter of positive economic returns. Earnings available for distribution outperformed the declared dividend for the period.
| Dividend Details | Information |
|---|---|
| Amount | $0.70 per share |
| Type | Quarterly cash dividend |
| Record Date | Not disclosed |
| Ex-Dividend Date | Not disclosed |
| Payment Date | Not disclosed |
Capital and Financing Position
Annaly maintained economic leverage of 5.7x at quarter end, up slightly from 5.6x in the prior quarter. The company held $9.0 billion in total assets available for financing, including $5.0 billion in cash and unencumbered Agency mortgage-backed securities.
During the quarter, the REIT raised $509 million of common equity through its at-the-market sales program. Average GAAP cost of interest-bearing liabilities decreased 20 basis points quarter-over-quarter to 4.29%, while average economic cost of interest-bearing liabilities fell 2 basis points to 3.93%.
Securitization Activity
Annaly Residential Credit Group priced 12 residential whole loan securitizations totaling $6.6 billion in proceeds during the 2026 year-to-date period. The company remains the largest non-bank issuer and second largest issuer overall of Prime Jumbo and Expanded Credit mortgage-backed securities.
Since the beginning of 2026, the company's Residential Credit and mortgage servicing rights businesses expanded financing capacity by $550 million and $100 million respectively through expanded credit facilities. Total warehouse capacity across both businesses reached $7.6 billion, including $2.8 billion of committed capacity.