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Angel Oak Mortgage, Inc. Announces Dividend Distribution Tax Information for 2021

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Angel Oak Mortgage (NYSE: AOMR) has announced tax information regarding its dividend distributions for 2021, totaling $0.48 per share. The company distributed regular dividends on August 31 and November 30, 2021, with amounts of $0.12 and $0.36 respectively. The ordinary income per share was reported at $0.31, while qualified dividends were $0.13 per share. Stockholders are advised to confirm the tax information with their brokerage firms.

Positive
  • Total dividends distributed in 2021 amounted to $0.48 per share.
  • The company reported ordinary income of $0.31 per share and qualified dividends of $0.13 per share, indicating strong cash distribution strategy.
Negative
  • None.

ATLANTA--(BUSINESS WIRE)-- Angel Oak Mortgage, Inc. (NYSE: AOMR) (the “Company,” “we,” and “our”), a leading real estate finance company focused on acquiring and investing in first lien non-QM loans and other mortgage-related assets in the U.S. mortgage market, today announced tax information regarding its dividend distributions for 2021.

During 2021, the Company distributed dividends totaling $0.48 per share of common stock (CUSIP 03464Y108). The table below provides information on the expected federal income tax characterization for the Company’s common stock dividend distributions paid in 2021. Stockholders are encouraged to confirm that the tax statements they receive from their brokerage firms align with the information reported in this document and to consult with their tax advisors to determine individual tax implications.

Dividend

Distribution

Type

Record Dates

Payable Dates

Total

Distribution

Per Share

Ordinary

Income Per

Share

Qualified

Dividend

Per Share

Return of

Capital Per

Share

Long-Term

Capital

Gains Per

Share

Regular August 23, 2021 August 31, 2021

$

0.12

$

0.08

$

-

$

0.04

$

-

Regular November 22, 2021 November 30, 2021

$

0.36

$

0.23

$

-

$

0.13

$

-

Total allocated to 2021

$

0.48

$

0.31

$

-

$

0.17

$

-

About Angel Oak Mortgage, Inc.

Angel Oak Mortgage, Inc. is a real estate finance company focused on acquiring and investing in first lien non-QM loans and other mortgage-related assets in the U.S. mortgage market. The Company’s objective is to generate attractive risk-adjusted returns for its stockholders through cash distributions and capital appreciation across interest rate and credit cycles. The Company is externally managed and advised by an affiliate of Angel Oak Capital Advisors, LLC, which, collectively with its affiliates, is a leading alternative credit manager with a vertically integrated mortgage origination platform. Additional information about the Company is available at www.angeloakreit.com.

Investors:

investorrelations@angeloakreit.com

855-502-3920

Media:

Bernardo Soriano, Gregory FCA for Angel Oak Mortgage, Inc.

914-656-3880

bernardo@gregoryfca.com

Company:

Randy Chrisman, Chief Marketing & Corporate Investor Relations Officer, Angel Oak Capital Advisors

404-953-4969

randy.chrisman@angeloakcapital.com

Source: Angel Oak Mortgage REIT, Inc.

FAQ

What are the dividend details for Angel Oak Mortgage (AOMR) in 2021?

Angel Oak Mortgage distributed a total of $0.48 per share in dividends for 2021, with $0.12 paid on August 31 and $0.36 on November 30.

What was the ordinary income reported for AOMR's dividends in 2021?

The ordinary income per share reported for Angel Oak Mortgage's dividends in 2021 was $0.31.

Are the dividends from Angel Oak Mortgage (AOMR) qualified?

Yes, the dividends included qualified distributions amounting to $0.13 per share.

When were the record dates for AOMR's dividends in 2021?

The record dates for AOMR's dividends were August 23, 2021, and November 22, 2021.

Angel Oak Mortgage REIT, Inc.

NYSE:AOMR

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REIT - Mortgage
Real Estate
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United States of America
ATLANTA