In accordance with the terms of Annaly’s 6.95% Series F Fixed-to-Floating Rate Cumulative Redeemable Preferred Stock (“Series F Preferred Stock”), the Board has declared a Series F Preferred Stock cash dividend for the first quarter of 2023 of $0.607679 per share of Series F Preferred Stock, which reflects a rate of 9.72286%, equal to three-month LIBOR on the Dividend Determination date plus a spread of 4.993%.
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