MCLEAN,
Va., Feb. 10, 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 first quarter of 2023. Dividends
for the Series B Preferred Stock and Series C Preferred Stock will
both be payable on March 30, 2023 to
shareholders of record on March 1,
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.
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SOURCE Arlington Asset Investment Corp.