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Arlington Asset Investment Corp. (AAIC)
NYSE - Nasdaq Real Time Price. Currency in USD
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As of 2:35PM EDT. Market open.
618 reactions on $AAIC conversation
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Hmmm...maybe they'll pay a dividend in 2021?
Interesting earnings report; loss of .20 per share; book value fell by 3%; no dividend.
But...."With regard to its REIT requirements, the company does have the flexibility to utilize its tax loss carryforwards to reduce its taxable income and annual distribution requirements. The company will also look to continue to return capital to shareholders by opportunistically repurchasing shares of its common stock at accretive prices."
Do people buy mREITs to get a return of capital via share buybacks??
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AAIC is down 6.30% to 3.87
Eddie, I am inclined to agree with Corey. The stock price performance has been manipulated via the buyback. Since BVPS is so low, they claim that buying back at inflated prices is “accretive”!!
As usual, Fast Eddie is correct with two small exceptions:
- they moved to McLain to cut their rent and county taxes; and
- while they closed out their higher risk non-agency positions, their business model is unsustainable. Their enormous comp (to include stock) for a group of less than a dozen people (plus a rubber stamp board of insiders) is greater than peers many times their size and who produce superior returns.
They are thieves and belong in jail!
book value is around $7. why the low SP?
So has anyone ever told you inside the Candy Store thieves that you will look good in stripes.
Why isn't This Fund Holding its price, It pays a great dividend but can't hold its Stock Price. Can someone Explain?
The Executive Compensation table for 2017 shows Eric F. Billings, the Executive Chairman receiving $3,072,617 in Incentive Plan, Stock Awards and other compensation. Likewise, J.Rock Tonkel, Jr., Chief Executive Officer and President received $3,072,438. My question is with the dividend being cut from .55 to .375 per sh/quarter, and the stock price falling into the mid tens, how does management justify their large compensation? Also there is $139.00 of cash per share, a very very large amount of funds for this C Corporation to be holding, Why can't management award some of these funds to the deserving shareholders instead of awarding themselves with increasingly high compensations?
I think Everyone would feel better about this stock if it could hold its stock price. It not and the Board needs to be paid based on performance. I think they need to show stock holders they have skin in the game. they need to set up a target price above where we are at today with at least a 5 to 10 percent increase per quarter.
"Turning to our actual results for the quarter, we reported GAAP net income of $0.52 per share and core operating income of $0.32 per share. " ---From their earnings call.
Gee, I'm almost impressed. If they can keep this up, they could actually fund their dividend and have money to invest.
Dude what happen to AI? I been out a few years but didnt this use to be $20 stock? I would like to invest some especially since they were able to raise some capital over the last few months but seems alarming... why cant management just leave things simple. They try to oversmart themselves adding bets to interest rates when all we want is income through leverage.
Changing ticker from "AI" to "AAIC"....with no explanation why. There are costs in doing so. Trying to hide past?
I can breath easier now that the $.55 has been declared. Who knows, maybe one day we'll see an increase.
Arlington Asset Investment declares $0.225 dividend
Is anybody having an issues receiving the dividend payout?
Arlington Asset Investment BV rises in July; shares jump 8.1%
Aug. 6, 2019 5:45 PM ET|About: Arlington Asset Investment ... (AI)|By: Liz Kiesche, SA News Editor
Arlington Asset Investment (NYSE:AI) Q2 core operating income of 23 cent per share falls short of the average analyst estimate of 24 cents and fell from 32 cents in Q1.
Q2 economic net interest income of $12.3M declined from $14.1M in Q1.
Book value per common share of $7.80 at June 30, 2019 fell from $8.70 at March 31, 2019. Book value rises to ~$8.10 at July 31, 2019.
Arlington Asset Investment surged 8.1% in after-hours trading.
Increased prepayment speed expectations and a continued flat interest rate curve reduced returns on levered agency mortgage-backed security investments, President and CEO J. Rock Tonkel Jr. said.
"To the extent that current market expectations of Federal Reserve interest rate cuts materialize, future investment returns on levered agency MBS may improve, benefitting the company's earnings profile," Tonkel added.
The company shifted more of its agency MBS investment portfolio exposure towards lower coupon securities that carry lower premiums as well as reduced prepayment risk, a process it's continued in Q3.
Conference call on Aug. 7 at 9:00 AM ET.
Previously: Arlington Asset Investment EPS misses by $0.01, misses on net interest income (Aug. 6)
hopefully this stock will gain momentum soon. but still making it with dividends help so far
Arlington Asset Investment Corp. Declares Second Quarter 2020 Dividends on Preferred Stock and Provides Update on Common Stock Dividend.
Well, perhaps after a few quarters paying only the preferred we'll see a small dividend for us poor bag holders with common shares. I'm not holding my breath, mind you, but it would be nice.
people panic because of dividend cuts, and sell. Lets face it your here because the dividend pays more than a bank so why panic if your here long term
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