Company: NLY-PF
Filing Date: 2025-07-30
Form Type: 10-Q
Source: 0001628280-25-036724
Chunk: 131

Company: ANNALY CAPITAL MANAGEMENT INC
Filing Date: 2025-07-30
Form: 10-Q
Item: Part I, Item 1
Chunk 131
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 Annaly 57,099 (9,483)181,323 453,409 Dividends on preferred stock37,260 37,158 74,417 74,219 Net income (loss) available (related) to common stockholders$19,839 $(46,641)$106,906 $379,190 Weighted average shares of common stock outstanding-basic620,208,712 500,950,563 603,770,531 500,781,701 Add: Effect of stock awards, if dilutive894,506 — 1,111,764 633,814 Weighted average shares of common  stock outstanding-diluted621,103,218 500,950,563 604,882,295 501,415,515 Net income (loss) per share available (related) to common shareBasic$0.03 $(0.09)$0.18 $0.76 Diluted$0.03 $(0.09)$0.18 $0.76                            There were no potentially dilutive restricted stock units or performance stock units for the three and six months ended June 30, 2025. The computations of diluted net income (loss) per share available (related) to common share for the three and six months ended June 30, 2024 exclude 2.7 million shares and 0 shares, respectively, of potentially dilutive restricted stock units and performance stock units because their effect would have been anti-dilutive.

16.  INCOME TAXESFor the three months ended June 30, 2025, the Company was qualified to be taxed as a REIT under Code Sections 856 through 860. As a REIT, the Company will not incur federal income tax to the extent that it distributes its taxable income to its stockholders. To maintain qualification as a REIT, the Company must distribute at least 90% of its annual REIT taxable income to its stockholders and meet certain other requirements that relate to, among other things, assets it may hold, income it may generate and its stockholder composition. It is generally the Company’s policy to distribute 100% of its REIT taxable income. To the extent there is any undistributed REIT taxable income at the end of a year, the Company distributes such shortfall within the next year as permitted by the Code.

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ANNALY CAPITAL MANAGEMENT, INC. AND SUBS