Arlington Asset Investment (AI) Declares $0.625 Quarterly Dividend; 16.9% Yield
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Arlington Asset Investment Corp. Declares $0.625 per Share Dividend for the Third Quarter of 2016
September 15, 2016 4:45 PM EDTARLINGTON, Va., Sept. 15, 2016 /PRNewswire/ -- Arlington Asset Investment Corp. (NYSE: AI) (the "Company" or "Arlington") today announced that its Board of Directors authorized a quarterly dividend of $0.625 per share for the third quarter of 2016. The dividend will be payable on October 31, 2016 to shareholders of record on September 30, 2016. The ex-dividend date is September 28, 2016. This dividend is consistent with the Company's variable dividend policy pursuant to which the Board of Directors evaluates dividends on a quarterly basis and, in its sole discretion, may approve the payment of dividends.
The tax characterization... More