Anworth Mortgage Asset Corporation announced that in accordance with the terms of the company's 6.25% Series B Cumulative Convertible Preferred Stock, or Series B Preferred Stock, the conversion rate of the Series B Preferred Stock will increase from 4.7329 shares of the company's common stock to 4.7932 shares of its common stock effective January 3, 2017.

The company's board of directors declared a quarterly common stock dividend of $0.15 per share, which is payable on January 30, 2017 to holders of record of common stock as of the close of business on December 30, 2016.