NEW YORK--(BUSINESS WIRE)--Jun. 10, 2013--
The Board of Directors of CYS Investments, Inc. (NYSE: CYS) (the
"Company") today declared a quarterly dividend of $0.34 per share of
common stock for the second quarter of 2013. The common stock dividend
will be paid on July 17, 2013 to common stock stockholders of record on
June 25, 2013.
In accordance with the terms of the 7.75% Series A Cumulative Redeemable
Preferred Stock (“Series A Preferred Stock”) of the Company, the Board
of Directors of the Company has declared a Series A Preferred Stock cash
dividend of $0.484375 per share of Series A Preferred Stock for the
quarterly period that began on April 15, 2013, and ends on July 14,
2013. This dividend is payable on July 15, 2013 to Series A Preferred
Stock stockholders of record as of July 1, 2013.
In accordance with the terms of the 7.50% Series B Cumulative Redeemable
Preferred Stock (“Series B Preferred Stock”) of the Company, the Board
of Directors of the Company has declared a Series B Preferred Stock cash
dividend of $0.390625 per share of Series B Preferred Stock for the
partial quarterly period that began on April 30, 2013, which is the
initial issuance date of the Series B Preferred Stock, and ends on July
14, 2013. This dividend is payable on July 15, 2013 to Series B
Preferred Stock stockholders of record as of July 1, 2013.
About CYS Investments, Inc.
CYS Investments, Inc. is a specialty finance company that invests on a
leveraged basis in residential mortgage pass-through certificates for
which the principal and interest payments are guaranteed by Fannie Mae,
Freddie Mac or Ginnie Mae. The Company refers to these securities as
Agency RMBS. The Company has elected to be taxed as a real estate
investment trust for federal income tax purposes.
Forward-Looking Statements Disclaimer
This press release contains statements that are "forward-looking
statements" within the meaning of Section 27A of the Securities Act of
1933, as amended, and Section 21E of the Securities Exchange Act of
1934, as amended, made pursuant to the safe harbor provisions of the
Private Securities Litigation Reform Act of 1995. These forward-looking
statements relate to the payment of the dividends. Forward-looking
statements are based on our beliefs, assumptions and expectations of our
future performance, taking into account all information currently
available to us. These beliefs, assumptions and expectations are subject
to risks and uncertainties and can change as a result of many possible
events or factors, not all of which are known to us, including those
described in our Annual Report on Form 10-K for the fiscal year ended
December 31, 2012, which has been filed with the Securities and Exchange
Commission. If a change occurs, these forward-looking statements may
vary materially from those expressed in this release. All
forward-looking statements speak only as of the date on which they are
made. Except as required by law, we are not obligated to, and do not
intend to, update or revise any forward-looking statements, whether as a
result of new information, future events or otherwise.
Please visit the Company's website at http://www.cysinv.com.
Source: CYS Investments, Inc.
CYS Investments, Inc.
Richard E. Cleary, 617-639-0440