Annaly Mortgage declares Q2 Dividend Boost 20% to .60 cents per share

The Board of Directors of Annaly Capital Management, Inc. (NYSE: NLY) declared the second quarter 2009 common stock cash dividend of $0.60 per common share. This dividend is payable July 29, 2009 to common shareholders of record on June 29, 2009. The ex-dividend date is June 25, 2009. The ex-dividend date is June 23.

The dividend yield moves from 13.34% to 16.01%.

The Company distributes dividends based on its current estimate of taxable earnings per common share, not GAAP earnings. Taxable and GAAP earnings will differ because of non-taxable unrealized and realized losses, differences in premium amortization, and non-deductible general and administrative expenses.

Dividends may be reinvested through Annaly's Dividend Reinvestment Plan. Plan information may be obtained from the Plan Administrator, Mellon Investor Services at 1-800-301-5234, at www.annaly.com, or by contacting the Company.

Disclosure I am long NLY shares in my Reit Folio.