ARLINGTON, Va., June 23, 2011 /PRNewswire/ -- Arlington Asset Investment Corp. (NYSE: AI) today announced that its Board of Directors declared a quarterly dividend of $0.875 per share for the second quarter of 2011. The dividend will be payable on July 29, 2011 to shareholders of record on July 5, 2011. The ex-dividend date is June 30, 2011. This dividend is consistent with our variable dividend policy pursuant to which the Board of Directors evaluates dividends on a quarterly basis and, in its sole discretion, may approve the payment of dividends. About the Company Arlington Asset Investment Corp. (NYSE: AI) is a principal investment firm that invests in mortgage-related and other assets. The Company is headquartered in the Washington, D.C. metropolitan area. For more information, please visit www.arlingtonasset.com. Certain statements in this press release are forward-looking as defined by the Private Securities Litigation Reform Act of 1995. These include statements regarding future results or expectations. Forward-looking statements can be identified by forward-looking language, including words such as "believes," "anticipates," "expects," "estimates," "intends," "may," "plans," "projects," "will" and similar expressions, or the negative of these words. Such forward-looking statements are based on facts and conditions as they exist at the time such statements are made. Forward-looking statements are also based on predictions as to future facts and conditions, the accurate prediction of which may be difficult and involve the assessment of events beyond the control of the Company and its subsidiaries. Caution must be exercised in relying on forward-looking statements. Due to known and unknown risks, including the risk that the assumptions on which the forward-looking statements are based prove to be inaccurate, actual results may differ materially from expectations or projections. For example, pursuant to the Company's variable dividend policy, the amount and timing of any distributions the Company may make is in the sole discretion of the Board of Directors. There can be no assurance that the Board of Directors will continue to approve the payment of dividends and the amount of any dividends may vary significantly. Readers of this press release are cautioned to consider these risks and uncertainties and not to place undue reliance on any forward-looking statements. The Company does not undertake any obligation to update any forward-looking statement, whether written or oral, relating to matters discussed in this press release, except as may be required by applicable securities laws.