MCLEAN,
Va., Sept. 6, 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 third quarter of 2023. Dividends for the Series B
Preferred Stock and Series C Preferred Stock will both be payable
on October 2, 2023 to shareholders of
record on September 18, 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.
