Arlington Asset Investment continues to distribute some of its take in the form of shareholder payouts. The company has declared a dividend for its Q2 of $0.875 per share. This will be paid on July 31 to shareholders of record as of June 28. That amount matches each of the firm's preceding quarterly distributions stretching back to mid-2011. Prior to that, it handed out $0.75 per share.
The firm has been a reliable dividend payer over the years. Since 2010, its disbursement has ranged from $0.35 per share to the present level.
The just-declared dividend annualizes to $3.50 per share. That yields 12.4% at Arlington Asset Investment's current stock price of $28.31.
The article Arlington Asset Investment Declares Q2 Dividend originally appeared on Fool.com.Fool contributor Eric Volkman has no position in Arlington Asset Investment, and neither does The Motley Fool. 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.
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