latest-news-headlines Market Intelligence /marketintelligence/en/news-insights/latest-news-headlines/arlington-asset-investment-skips-q1-dividend-57779020 content
Log in to other products

Login to Market Intelligence Platform


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

If your company has a current subscription with S&P Global Market Intelligence, you can register as a new user for access to the platform(s) covered by your license at Market Intelligence platform or S&P Capital IQ.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *
  • We generated a verification code for you

  • Enter verification Code here*

* Required

In This List

Arlington Asset Investment skips Q1 dividend

Street Talk Episode 56 - Latest bank MOE shows even the strong need scale to thrive

South State CenterState MOE Shows Even The Strong Need Scale To Thrive

Talking Bank Stocks, Playing The M&A Trade With Longtime Investor

Report: Kashkari Says Fed In Holding Pattern But Rate Cut Still Possible

Arlington Asset Investment skips Q1 dividend

Arlington Asset Investment Corp. determined not to declare a first-quarter common stock dividend to preserve liquidity amid volatile market conditions related to the coronavirus pandemic.

The declaration and payment of future dividends on its common stock, 7.00% series B cumulative perpetual redeemable stock and 8.250% series C fixed-to-floating cumulative redeemable preferred stock will be evaluated at a future date, according to a news release.

Additionally, the company said in the news release that it has satisfied all of its margin calls under its current financing arrangements. It also disclosed that it de-levered its investment portfolio and estimates that its at-risk short term secured financing to investable capital ratio has been reduced to approximately 1.6 to 1 from 8.7 to 1 as of Dec. 31, 2019.

The company estimates that its book value per common share as of March 24 has declined in a range of about 32% to 36% since Dec. 31, 2019.

READ MORE: Sign up for our weekly coronavirus newsletter here, and read our latest coverage on the crisis here.