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)
Declaration Date
|
|
|
Record Date
|
|
|
|
Payable Date
|
|
|
|
2012 Total Distribution Per Share
|
|
|
|
2012 Ordinary Income
|
|
|
|
2012 Return of Capital
|
|
|
|
Long-Term 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)
Declaration Date
|
|
|
Record Date
|
|
|
|
Payable Date
|
|
|
|
2012 Total Distribution Per Share
|
|
|
|
2012 Ordinary Income
|
|
|
|
2012 Return of Capital
|
|
|
|
Long-Term 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)
Declaration Date
|
|
|
Record Date
|
|
|
|
Payable Date
|
|
|
|
2012 Total Distribution Per
Share
|
|
|
|
2012 Ordinary Income
|
|
|
|
2012 Return of Capital
|
|
|
|
Long-Term Capital Gains
|
|
|
|
Carry Over to 2013
|
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
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
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|
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.