Arlington Asset Investment Corp. Declares Third Quarter 2023 Dividends on Preferred Stock

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.