Anworth Announces Increase to Series B Preferred Stock Conversion Rate
Tickers: ANH
Anworth Mortgage Asset Corporation (NYSE: ANH) announced today that, in accordance with the terms of Anworth's 6.25% Series B Cumulative Convertible Preferred Stock, or Series B Preferred Stock, the conversion rate of the Series B Preferred Stock has increased from 3.6075 shares of Anworth's common stock to 3.6714 shares of its common stock effective December 28, 2011.
(c) 2013 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.