Annaly Capital Management Declares $0.70 Quarterly Dividend
Annaly Capital Management, Inc., a mortgage real estate investment trust, announced a $0.70 per share cash dividend on common stock for the first quarter of 2026. The REIT reported earnings available for distribution of $0.76 per share.
Annaly Capital Management, Inc. (NYSE: NLY), a mortgage real estate investment trust, declared a quarterly cash dividend of $0.70 per common share for the first quarter of 2026. The announcement came as the company reported financial results showing GAAP net income of $0.33 per average common share and earnings available for distribution of $0.76 per share. Read more dividend announcements.
The dividend represents a regular quarterly payment on the company's common stock. Record date, ex-dividend date, and payment date were not specified in the company's April 21, 2026 filing.
| Dividend Details | Amount |
|---|---|
| Dividend Amount | $0.70 per share |
| Type | Quarterly Cash |
| Record Date | Not specified |
| Ex-Dividend Date | Not specified |
| Payment Date | Not specified |
First Quarter Financial Performance
Annaly reported book value per common share of $19.82 as of March 31, 2026, down from $20.21 at the end of the prior quarter. The company posted an economic return of 1.5% for the first quarter.
The REIT's total portfolio stood at $106.7 billion, including $92.2 billion in Agency securities. The Agency portfolio represented 56% of dedicated capital.
GAAP leverage increased to 7.3 times from 7.2 times in the prior quarter, while economic leverage rose to 5.7 times from 5.6 times. Net interest margin expanded to 1.41% from 1.18% in the fourth quarter of 2025.
Portfolio Activity
The company's Residential Credit portfolio grew 30% to $10.3 billion, representing 23% of dedicated capital. The increase reflected continued momentum in its whole loan correspondent channel and securitization platform.
Annaly's mortgage servicing rights portfolio increased 9% to $4.2 billion in market value, representing 21% of dedicated capital. The growth was driven by bulk and flow purchase activity.
The company closed eight securitizations totaling a record $4.7 billion during the first quarter, surpassing $50 billion in total issuance. Annaly maintained $9.0 billion of total assets available for financing, including cash and unencumbered Agency mortgage-backed securities of $5.0 billion.
Average yield on interest earning assets was 5.36% for the quarter, down from 5.42% in the prior quarter. Average GAAP cost of interest bearing liabilities decreased to 4.29% from 4.49%.