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Anworth Mortgage Asset Corporation Announces Dividend Tax Information For 2012

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
                                       

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.”

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