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Annaly Capital Management, 8.125% Series H Cumulative Redeemable Preferred Stock
Ticker Symbol: NLY-H*     CUSIP: 035710854     Previous CUSIP: 02504A203      Exchange: NYSE
Security Type:   Traditional Preferred Stock
* NOTE: This security is no longer trading as of 5/31/2019

Security has been Called for:  Friday, May 31, 2019

May 01, 2019 -- Annaly Capital Management, Inc. today provided notice to the record holders of the Company’s 8.125% Series H Cumulative Redeemable Preferred Stock of the redemption of all 2,200,000 of the issued and outstanding shares of Series H Preferred Stock pursuant to the Company’s optional redemption right. The cash redemption amount for each share of Series H Preferred Stock is $25.00 plus accumulated and unpaid dividends to, but not including, the redemption date of May 31, 2019. On the Redemption Date, dividends on the Series H Preferred Stock will cease to accumulate and all rights relating to the Series H Preferred Stock will terminate, except the right to receive the Redemption Amount. Payment of the Redemption Amount will be made only upon delivery and surrender of the Series H Preferred Stock to Computershare Inc., the Company’s redemption and paying agent, during its normal business hours at the address specified in the Notice of Redemption. The Notice of Redemption and related materials were mailed today to holders of record of the Series H Preferred Stock. Questions relating to the Notice of Redemption and related materials should be directed to Computershare Inc. at 1-800-301-5234. ____________ 9/28/2018 -- A QOL user has informed us the the 10/15/18 payment was made to him on 9/28/18. We know of no reason or justification for a change in payment date for this security. ____________ From the form 8-K filed with the SEC on 9/7/2018 -- At the Effective Time, each share of MTGE 8.125% Series A Cumulative Redeemable Preferred Stock, par value $0.01 per share, that was outstanding as of immediately prior to the Effective Time was converted into one share of Annaly 8.125% Series H Cumulative Redeemable Preferred Stock, par value $0.01 per share, which has the rights, preferences, privileges and voting powers substantially the same as a MTGE Preferred Share immediately prior to the Effective Time.

QUANTUMONLINE.COM SECURITY DESCRIPTION:  Annaly Capital Management, formerly MTGE Investment Corp., formerly American Capital Mortgage Investment Corp., 8.125% Series A Cumulative Redeemable Preferred Stock, liquidation preference $25 per share, redeemable at the issuer's option on or after 5/22/2019 at $25 per share plus accrued and unpaid dividends, and with no stated maturity. Cumulative distributions of 8.125% per annum ($2.03125 per annum or $0.507813 per quarter) will be paid quarterly on 1/15, 4/15, 7/15 & 10/15 to holders of record on the record date that will be 1/1, 4/1, 7/1 & 10/1 respectively (NOTE: the ex-dividend date is one business day prior to the record date). Upon the occurrence of a change of control the company will have the option within 120 days to redeem the preferred shares at $25 per share plus accrued and unpaid dividends. If the company has exercised their redemption right, the holders will NOT have the following conversion right. Upon the occurrence of a change of control, and the company has NOT provided notice that they intend to redeem the preferred shares, the holder will have the right to convert the preferred shares into common shares under certain circumstances (see the prospectus for details). Dividends paid by preferreds issued by REITs are NOT eligible for the preferential 15% to 20% tax rate on dividends and are also NOT eligible for the dividend received deduction for corporate holders. This security was not rated by Moody’s or S&P at the time of its IPO. In regard to the payment of dividends and upon liquidation, the preferred shares rank junior to the company's senior debt, equally with other preferreds of the company, and senior to the common shares of the company. See the IPO prospectus for further information on the preferred stock by clicking on the ‘Link to IPO Prospectus’ provided below.
Stock
Exchange
Cpn Rate
Ann Amt
LiqPref
CallPrice
Call Date
Matur Date
Moodys/S&P
Dated
Distribution Dates 15%
Tax Rate
NYSE
Chart
8.13%
$2.03125
$25.00
$25.00
Called for
5/31/2019

None
NF NF
3/26/2019
1/15, 4/15, 7/15 & 10/15
Click for MW ExDiv Date
Click for Yahoo ExDiv Date
No

Go to Parent Company's Record (NLY)

IPO - 5/15/2014 - 2.00 Million Shares @ $25.00/share.    Link to IPO Prospectus
Previous Ticker Symbol: MTGEP    Changed: 9/07/2018
Previous Name: MTGE Investment Corp.., 8.125% Series A Cumulative Redeemable Preferred Stock    Changed: 9/07/2018
Market Value $50.0 Million

Company's Online Information Links
HOME PAGE:     http://www.mtge.com/
Company's Investor Relations Information Go to Investor Relations Information
Company's Online News Releases Go to News Releases
Online Company Profile Go to Online Profile

Company's Online SEC EDGAR Filings
Company's SEC EDGAR Filings Go to SEC Filings

Company's Email Address Links
Email Address IR@MTGE.com

Address and Phone Numbers
Address:   2 Bethesda Metro Center, 14th Floor, Bethesda, MD 20814
Main Phone Number 301-968-9220
Fax Number 301-968-9221
Investor Relations 301-968-9220
Toll Free Phone Number Unknown
CEO - Malon Wilkus CFO - John R. Erickson

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