Docstoc

Anworth Mortgage Asset Corporation Announces Dividend Tax Information for 2011

Document Sample
Anworth Mortgage Asset Corporation Announces Dividend Tax Information for 2011 Powered By Docstoc
					Anworth Mortgage Asset Corporation Announces
Dividend Tax Information for 2011
January 26, 2012 04:18 PM Eastern Time 

SANTA MONICA, Calif.--(EON: Enhanced Online News)--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, 2011.

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
2011 fiscal year:

Series A Cumulative Preferred Stock (CUSIP 037347 20 0)
                               2011
                                            2011      2011
Declaration Record Payable Total                                Long-Term
                                            Ordinary Return of
Date        Date     Date      Distribution                     Capital Gains
                                            Income Capital
                               Per Share
01/20/11    03/31/11 04/15/11 $0.539063 $0.539063 $         - $         -
04/13/11    06/30/11 07/15/11 $0.539063 $0.539063 $         - $         -
07/21/11    09/30/11 10/17/11 $0.539063 $0.539063 $         - $         -
11/17/11    12/30/11 01/17/12 $0.539063 $0.539063 $         - $         -
                     Total     $2.156252 $2.156252 $        - $         -
Series B Cumulative Convertible Preferred Stock (CUSIP 037347 30 9)
                                     2011
                                                   2011        2011
Declaration Record Payable Total                                          Long-Term
                                                   Ordinary    Return of
Date          Date       Date        Distribution                         Capital Gains
                                                   Income      Capital
                                     Per Share
01/20/11      03/31/11 04/15/11 $0.390625          $0.390625 $       -    $      -
04/13/11      06/30/11 07/15/11 $0.390625          $0.390625 $       -    $      -
07/21/11      09/30/11 10/17/11 $0.390625          $0.390625 $       -    $      -
11/17/11      12/30/11 01/17/12 $0.390625          $0.390625 $       -    $      -
                         Total       $1.562500     $1.562500 $       -    $      -
Common Stock (CUSIP 037347 10 1)
                               2011
                                            2011     2011
Declaration Record Payable Total                               Long-Term
                                            Ordinary Return of
Date        Date     Date      Distribution                    Capital Gains
                                            Income Capital
                               Per Share
03/31/11      04/11/11 04/27/11 $0.25             $0.25      $      -    $         -
06/30/11      07/11/11 07/27/11 $0.25             $0.25      $      -    $         -
09/30/11      10/13/11 10/27/11 $0.23             $0.23      $      -    $         -
12/15/11      12/27/11 01/27/12 $0.21             $0.21      $      -    $         -
                       Total    $0.94             $0.94      $      -    $         -

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. These
amounts are treated for income tax purposes as 2011 distributions to the Anworth stockholders to whom the
distributions were payable in January 2012.

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 a mortgage real estate investment trust which invests 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. Anworth generates income for distribution to shareholders primarily based on the difference between the yield
on its mortgage assets and the cost of its borrowings. The Company’s 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 management'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.

Contacts
Anworth Mortgage Asset Corporation
John T. Hillman
(310) 255-4438 or (310) 255-4493
Email: jhillman@anworth.com
Web site: http://www.anworth.com

Recent Stories from Anworth Mortgage Asset Corporation
l

    Anworth Announces Preferred Dividends
    January 20, 2012
    SANTA MONICA, Calif.--(EON: Enhanced Online News)--Anworth Mortgage Asset Corporation
    announced that its board of directors declared a first quarter 2012 Series A and Series B Preferred Stock
    divid... more »
l

    Anworth Announces Entry into Management Agreement with Anworth Management, LLC
    January 03, 2012
    SANTA MONICA, Calif.--(EON: Enhanced Online News)--Anworth Mortgage Asset Corporation
    announced that, on December 31, 2011, it entered into a Management Agreement with Anworth
    Management, LLC, at w... more »
l

    Anworth Announces Increase to Series B Preferred Stock Conversion Rate
    December 28, 2011
    SANTA MONICA, Calif.--(EON: Enhanced Online News)--Anworth Mortgage Asset Corporation
    announced that the conversion rate of its Series B Cumulative Convertible Preferred Stock has increased to
    3.67... more »

				
DOCUMENT INFO
Shared By:
Tags:
Stats:
views:3
posted:1/26/2012
language:
pages:3
Description: SANTA MONICA, Calif.--(EON: Enhanced Online News)--Anworth Mortgage Asset Corporation (NYSE: ANH), a real estate investment trust, announced today tax information regarding its dividend distributions for the fiscal year ended December 31, 2011. img border='0' title='Add to Googl
EON: Enhanced Online News EON: Enhanced Online News http://eon.businesswire.com
About At EON: Enhanced Online News, we show you how to make your online press release thrive. If you want to drive traffic to your website, generate sales leads, make an announcement, or promote a new product, EON: Enhanced Online News delivers the online visibility that you need. EON: Enhanced Online News powered by Business Wire.