ARMOUR Residential REIT, Inc. reports news centered on its mortgage REIT portfolio, which is focused on Agency mortgage-backed securities and related interest-rate risk management. Company updates commonly cover net interest income, distributable earnings, book value, economic return, MBS pricing, funding costs, derivatives and liquidity.
Recurring announcements also address common stock dividends, Series C preferred stock dividends, REIT tax distribution matters, at-the-market equity issuance, share repurchases and quarterly operating-result webcasts. Coverage reflects how ARMOUR manages a leveraged residential MBS portfolio through changing spreads, interest rates and capital-market conditions.
ARMOUR Residential REIT (NYSE: ARR) announced a return to monthly dividends for its common stock after temporarily switching to quarterly payments due to the COVID-19 pandemic. The June 2020 dividend is set at $0.09, with a holder of record date of June 15, 2020 and a payment date of June 29, 2020. Additionally, the Series C Preferred Stock will also have a dividend of $0.14583 on the same dates. ARMOUR continues to comply with REIT regulations by distributing substantially all ordinary taxable income.
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