NEW YORK (AFX) - Real estate investment trust Annaly Mortgage Management Inc. said Tuesday that its board increased its quarterly dividend to 13 cents per share from a prior payout of 11 cents.
The company will pay the dividend July 27 to shareholders of record on June 30. The ex-dividend date is June 28.
Shares of Annaly Mortgage fell 10 cents to close at $12.01 on the New York Stock Exchange.
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