Arlington Asset Investment Declares Quarterly Dividend
Arlington Asset Investment has declared a dividend for its Q1, its first payout of 2013. The company will distribute $0.875 per share of its stock on April 30 to shareholders of record as of March 28. The amount is in line with the firm's previous disbursements, which it has handed out every quarter since June 2011.
The mortgage real estate investment trust is a habitual dividend payer. It has generally made disbursements on a consistent basis since 2003.
The current dividend annualizes to $3.50 per share. That yields 13.5% at Arlington Asset Investment's current stock price of $26.02.
The article Arlington Asset Investment Declares Quarterly Dividend originally appeared on Fool.com.Fool contributor Eric Volkman has no position in Arlington Asset Investment. The Motley Fool has no position in Arlington Asset Investment. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
Copyright © 1995 - 2013 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy.