NEW YORK, NY--(Marketwire - Sep 14, 2012) - Apollo Residential Mortgage, Inc. (the "Company" or "AMTG") (
"The increase in the Company's dividend per common share this quarter reflects a portion of the realized gains the Company has generated throughout 2012 from the sale of residential mortgage backed securities and the impact those realized gains are expected to have on AMTG's 2012 taxable income and REIT distribution requirements," said Michael Commaroto, Chief Executive Officer.
The Company's dividends are declared at the discretion of its Board of Directors and depend upon, among other things, the Company's operating earnings and taxable income forecasts, realized gains and losses on sales of securities, and the Company's compliance with REIT requirements. The Company's taxable income differs from its income reported under GAAP.
About Apollo Residential Mortgage, Inc.
Apollo Residential Mortgage, Inc. (
Additional information can be found on the Company's website at www.apolloresidentialmortgage.com.
Certain statements contained in this press release constitute forward-looking statements as such term is defined in Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, and such statements are intended to be covered by the safe harbor provided by the same. Forward-looking statements are subject to substantial risks and uncertainties, many of which are difficult to predict and are generally beyond the Company's control. These forward-looking statements include information about possible or assumed future results of the Company's business, financial condition, liquidity, results of operations, plans and objectives. When used in this release, the words "believe," "expect," "anticipate," "estimate," "plan," "continue," "intend," "should," "may" or similar expressions, are intended to identify forward-looking statements. Statements regarding the following subjects, among others, may be forward-looking: the return on equity; the yield on investments; the ability to borrow to finance assets; and risks associated with investing in real estate assets, including changes in business conditions and the general economy. For a further list and description of such risks and uncertainties, see the reports filed by the Company with the Securities and Exchange Commission. The forward-looking statements, and other risks, uncertainties and factors are based on the Company's beliefs, assumptions and expectations of its future performance, taking into account all information currently available to the Company. Forward-looking statements are not predictions of future events. The Company disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law.