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Tax Information

Annaly

Shareholders should review the tax statements received from their brokerage firms, transfer agents or other institutions to confirm the dividend distribution information reported in those statements conforms to the information reported here. Shareholders should consult their tax advisors to determine their tax treatment of any dividend distributions received from Annaly Capital Management, Inc.

快速解套In accordance with the requirements for maintaining status as a real estate investment trust (“REIT”), we intend to distribute to shareholders aggregate distributions equaling at least 90% of our REIT taxable income for each taxable year. Further, we will endeavor to distribute at least 100% of our REIT taxable income so as not to be subject to tax.

快速解套Federal income tax rules allow REIT distributions to maintain the character of its underlying income in characterizing it distributions. Accordingly, while our income is generally characterized as ordinary income, we may at times classify part of our distribution as long-term capital gain or qualified dividend income. In the event cash distributions exceed taxable earnings, this amount is recorded as non-dividend distribution. Non-dividend distributions are generally treated as return of capital and reduce shareholders’ tax basis in their stock. If a shareholder’s tax basis has been reduced to zero, non-dividend distributions are then treated as capital gain income.

快速解套The Tax Cuts and Jobs Act added Section 199A which affords certain individuals a deduction of 20% of qualified REIT dividends subject to certain holding period requirements. The entire portion of our ordinary dividend distribution is considered a "qualified REIT dividend" for purposes of Section 199A.

快速解套Shareholders of record at December 31, 2019 receive a distribution in January 2020. In accordance with the Internal Revenue Code, the January 2020 distribution is taxable in the year it is received. Accordingly, the January 2020 distribution will be treated as a 2020 distribution for federal income tax purposes and is not included on Form 1099-DIV for 2019.

Neither ordinary income nor capital gain distributions with respect to our common stock are anticipated to constitute unrelated business taxable income to a tax-exempt investor.

Title Document
2019 Dividend Tax Information
2018 Dividend Tax Information
2018 Merger Form 8937 (MTGE Shareholders)
2017 Dividend Tax Information
Tax Cuts and Jobs Act Treatment of REIT Dividends
2016 Merger Form 8937 (HTS Shareholders)
2016 Dividend Tax Information
2015 Dividend Tax Information
2014 Dividend Tax Information
2013 Dividend Tax Information

*This information does not constitute tax advice. Due to the complex nature of the applicable tax rules, you should consult with a tax advisor.