JAVELIN Mortgage Investment Corp. Announces December 2015 Dividend Rate Per Common Share
OREANDA-NEWS. November 09, 2015. JAVELIN Mortgage Investment Corp. (NYSE:JMI) ("JAVELIN" or the "Company") today announced the December 2015 cash dividend rate for the Company's Common Stock.
December 2015 Common Stock Dividend Information | |||
Month | Dividend | Holder of Record Date | Payment Date |
December 2015 | \\$0.09 | December 16, 2015 | December 30, 2015 |
JAVELIN also announced today it will provide an online, real-time webcast of its conference call with equity analysts covering third quarter 2015 operating results on Monday, November 9, 2015. The Company will issue its third quarter 2015 earnings release after the close of trading on Friday, November 6, 2015.
The live broadcast of the Company's quarterly conference call will be available online at https://www.webcaster4.com/Webcast/Page/954/11253, on November 9, 2015, beginning at 12:00 p.m. Eastern Time. The online replay will be available on the Company's website http://www.javelinreit.com and continue for one year.
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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