Annaly Capital Management (NLY) Lowers Quarterly Dividend 5% to $0.57; 13.9% Yield

Annaly Capital Management (NYSE: NLY) declared a quarterly dividend of $0.57 per share, or $2.28 annualized. This is a 5% decrease from the prior dividend of $0.60.

The dividend will be payable on January 26, 2012, to stockholders of record on December 29, 2011, with an ex-dividend date of December 27, 2011.

The annual yield on the dividend is 13.9 percent.

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