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Anworth Mortgage Asset Corporation Announces Dividend Tax Information for 2012



  Anworth Mortgage Asset Corporation Announces Dividend Tax Information for
  2012

Business Wire

SANTA MONICA, Calif. -- January 25, 2013

Anworth Mortgage Asset Corporation (NYSE: ANH), a real estate investment trust
(REIT), announced today tax information regarding its dividend distributions
for the fiscal year ended December 31, 2012.

Stockholders should check the tax statements they receive from brokerage firms
to ensure that the Anworth dividend information reported in those statements
conforms to the information reported herein. Furthermore, stockholders should
consult their tax advisors to determine the taxes that should be paid on
Anworth’s dividends.

As a REIT, Anworth’s dividends are generally not eligible for rate reductions
enacted for certain types of dividend income under the Jobs and Growth Tax
Relief Reconciliation Act of 2003. Thus, the portion of Anworth’s dividends
that are characterized as ordinary income generally will be taxed at full
ordinary income rates. For stockholders that are corporations, Anworth’s
dividends are not eligible for the corporate dividends-received deduction.

As each stockholder’s tax situation may be different and each dividend
distribution may have its own separate tax status, the tables below provide
the detailed tax information for each of Anworth’s dividends declared during
our 2012 fiscal year:

Series A Cumulative Preferred Stock (CUSIP 037347 20 0)

                                              2012                               2012           
                                              Total              2012            Return
Declaration     Record         Payable        Distribution       Ordinary        of            Long-Term
Date            Date           Date           Per Share          Income          Capital       Capital
                                                                                               Gains
01/20/12        03/30/12       04/16/12       $0.539063          $0.539063       $ -           $ -
04/19/12        06/29/12       07/16/12       $0.539063          $0.539063       $ -           $ -
07/20/12        09/28/12       10/15/12       $0.539063          $0.539063       $ -           $ -
10/15/12        12/31/12       01/15/13       $0.539063          $0.539063       $ -           $ -
                               Total          $2.156252          $2.156252       $ -           $ -
                                                                                              

Series B Cumulative Convertible Preferred Stock (CUSIP 037347 30 9)

                                              2012                               2012           
                                              Total              2012            Return
Declaration     Record         Payable        Distribution       Ordinary        of            Long-Term
Date            Date           Date           Per Share          Income          Capital       Capital
                                                                                               Gains
01/20/12        03/30/12       04/16/12       $0.390625          $0.390625       $ -           $ -
04/19/12        06/29/12       07/16/12       $0.390625          $0.390625       $ -           $ -
07/20/12        09/28/12       10/15/12       $0.390625          $0.390625       $ -           $ -
10/15/12        12/31/12       01/15/13       $0.390625          $0.390625       $ -           $ -
                               Total          $1.562500          $1.562500       $ -           $ -
                                                                                              

Common Stock (CUSIP 037347 10 1)

                                              2012                              2012                          Carry
Declaration     Record         Payable        Total              2012           Return                        Over
Date            Date           Date           Distribution       Ordinary       of            Long-Term       to
                                              Per Share          Income         Capital       Capital         2013
                                                                                              Gains
03/30/12        04/10/12       04/27/12       $0.21              $0.21          $ -           $ -             $ -
06/29/12        07/09/12       07/27/12       $0.18              $0.18          $ -           $ -             $ -
09/28/12        10/08/12       10/29/12       $0.15              $0.15          $ -           $ -             $ -
12/14/12        12/28/12       01/29/13       $0.15              $0.11          $ -           $ -             $
                                                                                                              0.04
                               Total          $0.69              $0.65          $ -           $ -             $
                                                                                                              0.04
                                                                                                             

Because Anworth is a REIT, dividends declared in the last month of a calendar
year with a record date in that calendar year, but which are payable in
January of the following year, are considered paid for Form 1099 reporting
purposes on the record date, not on the payable date, to the extent the REIT
has any remaining undistributed earnings and profits (as computed for income
tax purposes) as of December 31 of that calendar year. The amounts shown above
in the column labeled Carry Over to 2013 represent the per share amount of the
distributions payable in January 2013 which exceeded Anworth’s undistributed
earnings and profits for income tax purposes as of December 31, 2012. These
amounts will be treated for income tax purposes as 2013 distributions to the
Anworth stockholders to whom the distributions were payable in January 2013.

Dividends may be reinvested through Anworth’s Dividend Reinvestment Plan. Plan
information may be obtained from the Plan Administrator, American Stock
Transfer and Trust Company, at 877-248-6410, on Anworth’s web site at
http://www.anworth.com, or by contacting Anworth at 310-255-4493.

About Anworth Mortgage Asset Corporation

Anworth is an externally-managed mortgage real estate investment trust. We
invest primarily in securities guaranteed by the U.S. Government, such as
Ginnie Mae, or guaranteed by federally sponsored enterprises, such as Fannie
Mae or Freddie Mac. We seek to generate income for distribution to our
shareholders primarily based on the difference between the yield on our
mortgage assets and the cost of our borrowings. We are managed by Anworth
Management, LLC, or the Manager, pursuant a management agreement. The Manager
is subject to the supervision and direction of our Board of Directors and is
responsible for (i) the selection, purchase and sale of our investment
portfolio; (ii) our financing and hedging activities; and (iii) providing us
with management services and other services and activities relating to our
assets and operations as may be appropriate. Our common stock is traded on the
New York Stock Exchange under the symbol “ANH.”

Safe Harbor Statement under the Private Securities Litigation Reform Act of
1995

This news release may contain forward-looking statements within the meaning of
the "safe harbor" provisions of the Private Securities Litigation Reform Act
of 1995. Forward-looking statements are based upon our current expectations
and speak only as of the date hereof. Forward-looking statements, which are
based on various assumptions (some of which are beyond our control) may be
identified by reference to a future period or periods or by the use of
forward-looking terminology, such as “may,” “will,” “believe,” “expect,”
“anticipate,” “assume,” “estimate,” “intend,” “continue,” or other similar
terms or variations on those terms or the negative of those terms. Our actual
results may differ materially and adversely from those expressed in any
forward-looking statements as a result of various factors and uncertainties,
including but not limited to, changes in interest rates; changes in the market
value of our mortgage-backed securities; changes in the yield curve; the
availability of mortgage-backed securities for purchase; increases in the
prepayment rates on the mortgage loans securing our mortgage-backed
securities; our ability to use borrowings to finance our assets and, if
available, the terms of any financing; risks associated with investing in
mortgage-related assets; changes in business conditions and the general
economy, including the consequences of actions by the U.S. government and
other foreign governments to address the global financial crisis;
implementation of or changes in government regulations affecting our business;
our ability to maintain our qualification as a real estate investment trust
for federal income tax purposes; our ability to maintain an exemption from the
Investment Company Act of 1940, as amended; and the Manager’s ability to
manage our growth. Our Annual Report on Form 10-K and other SEC filings
discuss the most significant risk factors that may affect our business,
results of operations and financial condition. We undertake no obligation to
revise or update publicly any forward-looking statements for any reason.

Contact:

Anworth Mortgage Asset Corporation
John T. Hillman
310-255-4438 or 310-255-4493
jhillman@anworth.com
http://www.anworth.com
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