MCLEAN, Va., Feb. 8, 2021 /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 2021. Dividends for the Series B Preferred Stock
and Series C Preferred Stock will both be payable on March 30, 2021 to shareholders of record on
February 26, 2021. 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 assets and has elected to be taxed as a REIT 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
SOURCE Arlington Asset Investment Corp.