Annaly Mortgage Management (NLY) Message Board

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Strategies & Market Trends : Annaly Mortgage Management (NLY)

NLY 21.17

+2.1%

Oct 31 9:30 AM EST

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To: leigh aulper who wrote ()	3/25/1999 9:46:00 AM
From: leigh aulper	of 75

Annaly Mortgage Management, Inc. Announces Increased First Quarter 1999 Dividend NEW YORK, March 25 /PRNewswire/ -- The Board of Directors of Annaly Mortgage Management, Inc. (NYSE: NLY) increased the first quarter 1999 dividend to $0.33 per share of common stock from $0.305 for the fourth quarter of 1998. This dividend is payable on April 29, 1999, to common shareholders of record as of April 1, 1999. The dividend is paid from earnings and is not a return of stockholder equity. "Annaly Mortgage Management, Inc. continues to perform at the highest level of expectations. The outstanding dividend we are paying to our shareholders validates our strong investment policies and operating history. The financial results of the past two years speaks for itself," stated Timothy J. Guba, President and Chief Operating Officer.

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