Please ensure Javascript is enabled for purposes of website accessibility

Should Annaly's Investors Support This Proposal?

By John Maxfield - Apr 1, 2013 at 3:57PM

You’re reading a free article with opinions that may differ from The Motley Fool’s Premium Investing Services. Become a Motley Fool member today to get instant access to our top analyst recommendations, in-depth research, investing resources, and more. Learn More

At the upcoming shareholders meeting in May, Annaly's investors will be asked to vote in favor of a proposal that externalizes the REIT's management. Should shareholders vote in support of this move?

The popular high-yielding mortgage REIT Annaly Capital Management (NLY 2.15%) recently filed a proxy statement revealing the issues to be voted on at the company's upcoming shareholders' meeting this May. In addition to the typical proposals concerning the election of directors and executive compensation, Annaly is asking shareholders to approve a change in the structure of its management. In the video below, Motley Fool contributor John Maxfield discusses whether this is a move Annaly's shareholders should support.

Invest Smarter with The Motley Fool

Join Over 1 Million Premium Members Receiving…

  • New Stock Picks Each Month
  • Detailed Analysis of Companies
  • Model Portfolios
  • Live Streaming During Market Hours
  • And Much More
Get Started Now

Stocks Mentioned

Annaly Capital Management, Inc. Stock Quote
Annaly Capital Management, Inc.
NLY
$6.64 (2.15%) $0.14

*Average returns of all recommendations since inception. Cost basis and return based on previous market day close.

Related Articles

Motley Fool Returns

Motley Fool Stock Advisor

Market-beating stocks from our award-winning service.

Stock Advisor Returns
356%
 
S&P 500 Returns
124%

Calculated by average return of all stock recommendations since inception of the Stock Advisor service in February of 2002. Returns as of 05/29/2022.

Discounted offers are only available to new members. Stock Advisor list price is $199 per year.

Premium Investing Services

Invest better with The Motley Fool. Get stock recommendations, portfolio guidance, and more from The Motley Fool's premium services.