JAVELIN Mortgage Investment Corp. Announces Expected October 2015 Dividend Rate Per Common Share
October 2015 Common Stock Dividend Information
Month | Dividend | Holder of Record Date | Payment Date |
October 2015 | $0.09 | October 15, 2015 | October 27, 2015 |
Certain Tax Matters
JAVELIN has elected to be taxed as a real estate investment trust ("REIT") for U.S. Federal income tax purposes. In order to maintain this tax status, JAVELIN is required to timely distribute substantially all of its ordinary REIT taxable income. Accordingly, JAVELIN may increase the amount of one or more announced dividends before the applicable record date or may declare supplemental dividends, if necessary, to meet this tax requirement. Dividends paid in excess of REIT taxable income for a fiscal year (including any taxable income carried forward from the previous year) will generally not be taxable to stockholders.
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