Arlington Asset Investment Corp ( AI ) will begin trading ex-dividend on December 28, 2018. A cash dividend payment of $0.375 per share is scheduled to be paid on January 31, 2019. Shareholders who purchased AI prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 3rd quarter that AI has paid the same dividend. At the current stock price of $7.84, the dividend yield is 19.13%.
The previous trading day's last sale of AI was $7.84, representing a -37.53% decrease from the 52 week high of $12.55 and a 4.53% increase over the 52 week low of $7.50.
AI is a part of the Finance sector, which includes companies such as Safeguard Scientifics, Inc. ( SFE ) and 180 Degree Capital Corp. ( TURN ). AI's current earnings per share, an indicator of a company's profitability, is -$2.07. Zacks Investment Research reports AI's forecasted earnings growth in 2018 as 210.61%, compared to an industry average of 34.2%.
Interested in gaining exposure to AI through an Exchange Traded Fund [ETF]?
The following ETF(s) have AI as a top-10 holding:
- Invesco KBW High Dividend Yield Financial ETF ( KBWD )
- Franklin FTSE France ETF ( FLFR )
- iShares MSCI France Index Fund ( EWQ )
- iShares Global Materials ETF ( MXI )
- GraniteShares HIPS US High Income ETF ( HIPS ).
The top-performing ETF of this group is MXI with an decrease of -15.57% over the last 100 days. KBWD has the highest percent weighting of AI at 4.07%.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.