American Home Mortgage Investment Corp. Board Declares Quarterly Common Stock and Series A and Series B Preferred Stock Dividen
06 Juin 2006 - 11:33PM
PR Newswire (US)
MELVILLE, N.Y., June 6 /PRNewswire/ -- American Home Mortgage
Investment Corp. (NYSE:AHM) announced today that its Board of
Directors has declared a quarterly cash dividend of $0.96 per share
on the Company's common stock, a quarterly cash dividend of
$0.609375 per share on the Company's 9.75% Series A Cumulative
Redeemable Preferred Stock and a quarterly cash dividend of
$0.578125 per share on the Company's 9.25% Series B Cumulative
Redeemable Preferred Stock. The common stock dividend is payable on
July 27, 2006, to shareholders of record as of July 7, 2006. The
Series A Preferred Stock dividend is payable on July 31, 2006, to
shareholders of record as of July 7, 2006. The Series B Preferred
Stock dividend is payable on July 31, 2006, to shareholders of
record as of July 7, 2006. American Home Mortgage Investment Corp.
is a mortgage real estate investment trust (REIT) focused on
earning net interest income from self- originated loans and
mortgage-backed securities, and through its taxable subsidiaries,
from originating and servicing mortgage loans for institutional
investors. Mortgages are originated through a network of loan
production offices as well as through mortgage brokers and
correspondents and are serviced at the Company's Irving, Texas
servicing center. For additional information, please visit the
Company's website at http://www.americanhm.com/. This news release
contains "forward-looking statements" that are based upon
expectations, estimates, forecasts, projections and assumptions.
Any statement in this news release that is not a statement of
historical fact, including, but not limited to, earnings guidance
and forecasts, projections of financial results and loan
origination volume, expected future financial position, dividend
plans or business strategy, and any other statements of plans,
expectations, objectives, estimates and beliefs, is a
forward-looking statement. Words such as "look forward," "will,"
"anticipate," "may," "expect," "plan," "believe," "intend,"
"opportunity," "potential," and similar words, or the negatives of
those words, are intended to identify forward- looking statements.
Such forward-looking statements involve known and unknown risks,
uncertainties and other factors that are difficult to predict, and
are not guarantees of future performance. As a result, actual
future events may differ materially from any future results,
performance or achievements expressed in or implied by this news
release. Specific factors that might cause such a difference
include, but are not limited to: American Home's limited operating
history with respect to its portfolio strategy; the potential
fluctuations in American Home's operating results; American Home's
potential need for additional capital; the direction of interest
rates and their subsequent effect on the business of American Home
and its subsidiaries; risks associated with the use of leverage;
changes in federal and state tax laws affecting REITs; federal and
state regulation of mortgage banking; and those risks and
uncertainties discussed in filings made by American Home with the
Securities and Exchange Commission. Such forward-looking statements
are inherently uncertain, and stockholders must recognize that
actual results may differ from expectations. American Home does not
assume any responsibility, and expressly disclaims any
responsibility, to issue updates to any forward- looking statements
discussed in this news release, whether as a result of new
information, future events or otherwise. DATASOURCE: American Home
Mortgage Investment Corp. CONTACT: Mary M. Feder, Vice President,
Investor Relations, +1-631-622-6469, , for American Home Mortgage
Investment Corp. Web site: https://www.americanhm.com/
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