ARLINGTON, Va., March 16, 2019 /PRNewswire/ -- Arlington
Asset Investment Corp. (NYSE: AI) (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: AI PrB)
(the "Series B Preferred Stock") and an initial quarterly dividend
(long first dividend period) of $0.61875 per share of its 8.250% Series C
Fixed-to-Floating Cumulative Redeemable Preferred Stock (NYSE: AI
PrC) (the "Series C Preferred Stock") for the second quarter of
2019. Dividends for the Series B Preferred Stock and Series C
Preferred Stock will both be payable on July
1, 2019 to shareholders of record on May 31, 2019. 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
Arlington Asset Investment Corp. (NYSE: AI) currently invests
primarily in mortgage-related and other assets and intends to
qualify to be taxed as a real estate investment trust commencing
with its taxable year ending December 31, 2019. 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.