Annaly Capital Management reported a 5.5% economic return for the second quarter of 2026, with earnings available for distribution of $0.79 per share, marking the ninth consecutive quarter that EAD exceeded the dividend. Book value per share rose 1.7% to $20.15, and the company raised its quarterly common dividend to $0.75 per share, which management expects to cover over time. The Agency portfolio grew by roughly $3 billion to $95 billion in market value, while Residential Credit posted a record $7.1 billion in loan purchases. Annaly ended the quarter with $8 billion in unencumbered assets and said capital deployment will likely favor Agency assets first.
Annaly Capital Management, Inc.Annaly reported strong economic return, raised dividend, and grew portfolio, all positive financial/valuation events.