MCLEAN,
Va., June 2, 2023 /PRNewswire/ -- Arlington
Asset Investment Corp. (NYSE: AAIC) (the "Company") today announced
that its Board of Directors authorized a quarterly dividend of
$0.4375 per share of its 7.00% Series
B Cumulative Perpetual Redeemable Preferred Stock (NYSE: AAIC PrB)
(the "Series B Preferred Stock") and a quarterly dividend of
$0.515625 per share of its 8.250%
Series C Fixed-to-Floating Cumulative Redeemable Preferred Stock
(NYSE: AAIC PrC) (the "Series C Preferred Stock") for the second
quarter of 2023. Dividends for the Series B Preferred Stock and
Series C Preferred Stock will both be payable on June 30, 2023 to shareholders of record on
June 15, 2023. The tax
characterization to shareholders of the distribution will be
determined after the end of the calendar year and will be reported
to shareholders on Form 1099-DIV.
About the Company
The Company currently invests primarily in mortgage-related and
other residential real estate and has elected to be taxed as a
REIT. The Company is headquartered in the Washington, D.C. metropolitan area. For more
information, please visit www.arlingtonasset.com.
Certain statements in this press release are forward-looking as
defined by the Private Securities Litigation Reform Act of 1995.
These include statements regarding dividend payments.
Forward-looking statements can be identified by forward-looking
language, including words such as "believes," "expects,"
"anticipates," "estimates," "plans," "continues," "intends,"
"should", "may," and similar expressions. Due to known and unknown
risks, including the risk that the assumptions on which the
forward-looking statements are based prove to be inaccurate, actual
results may differ materially from expectations or projections.
These risks also include those described in the Company's most
recent Annual Report on Form 10-K and any other documents filed by
the Company with the Securities and Exchange Commission (the "SEC")
from time to time, which are available from the Company and from
the SEC, and you should read and understand these risks when
evaluating any forward-looking statement. Readers of this press
release are cautioned to consider these risks and uncertainties and
not to place undue reliance on any forward-looking statements. The
Company does not undertake any obligation to update any
forward-looking statement, whether written or oral, relating to
matters discussed in this press release, except as may be required
by applicable securities laws.
View original
content:https://www.prnewswire.com/news-releases/arlington-asset-investment-corp-declares-second-quarter-2023-dividends-on-preferred-stock-301841426.html
SOURCE Arlington Asset Investment Corp.