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ARMOUR Residential REIT Inc - ARR STOCK NEWS

Welcome to our dedicated news page for ARMOUR Residential REIT (Ticker: ARR), a resource for investors and traders seeking the latest updates and insights on ARMOUR Residential REIT.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect ARMOUR Residential REIT's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of ARMOUR Residential REIT's position in the market.

Rhea-AI Summary
ARMOUR Residential REIT, Inc. (NYSE: ARR and ARR-PRC) has confirmed the January 2024 cash dividend for the Common Stock and the Q1 2024 monthly cash dividend rate for the Series C Preferred Stock. The Common Stock dividend for January 2024 is $0.24 with a holder of record date of January 16, 2024, and a payment date of January 30, 2024. The Series C Preferred Stock dividend for January 2024 is $0.14583 with a holder of record date of January 15, 2024, and a payment date of January 29, 2024. ARMOUR has elected to be taxed as a real estate investment trust (REIT) for U.S. Federal income tax purposes, and dividends paid in excess of current tax earnings and profits for the year will generally not be taxable to common stockholders.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.28%
Tags
dividends
-
Rhea-AI Summary
ARMOUR Residential REIT, Inc. (NYSE: ARR and ARR-PRC) announced the January 2024 cash dividend for the Company's Common Stock of $0.24 per Common share. The estimated book value per common share was approximately $21.88 as of December 12, 2023, adjusted for December dividends. ARMOUR expects returns to support a dividend yield for January 2024 in the low to mid-teens (12% to 15%) as a percentage of book value. ARMOUR has elected to be taxed as a real estate investment trust ('REIT') for U.S. Federal income tax purposes and is required to timely distribute substantially all of its ordinary REIT taxable income.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.05%
Tags
dividends
-
Rhea-AI Summary
ARMOUR Residential REIT, Inc. announces Q3 results and financial position
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.18%
Tags
buyback
Rhea-AI Summary
ARMOUR Residential REIT, Inc. will provide an online webcast of its conference call covering Q3 2023 operating results. The live broadcast will be available on October 26, 2023, and the online replay will be available on the Company’s website.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-4.88%
Tags
-
Rhea-AI Summary
ARMOUR Residential REIT, Inc. confirms monthly cash dividend rates for Q4 2023. Common stock dividend remains at $0.40 per month. Series C Preferred stock dividend remains at $0.14583 per month. Dividends are unaffected by the reverse stock split.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.76%
Tags
dividends earnings
-
Rhea-AI Summary
ARMOUR Residential REIT, Inc. (NYSE: ARR and ARR-PRC) announced a one-for-five reverse stock split, reducing outstanding shares from 245,031,959 to 49,006,392. Authorized shares were reduced from 450,000,000 to 90,000,000. Approximately 40,993,608 shares remain for future issuances. No impact on preferred stock. Fractional shares will be paid in cash based on average closing price for three consecutive trading days ending on September 29, 2023.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.76%
Tags
none
Rhea-AI Summary
ARMOUR Residential REIT, Inc. (NYSE: ARR) announces reverse stock split and dividend guidance
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.35%
Tags
dividends
-
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.37%
Tags
none
-
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.74%
Tags
none
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.32%
Tags
none
ARMOUR Residential REIT Inc

NYSE:ARR

ARR Rankings

ARR Stock Data

846.30M
48.43M
0.68%
57.81%
7.87%
Other Financial Vehicles
Finance and Insurance
Link
US
Vero Beach

About ARR

ARMOUR Residential REIT, Inc. (NYSE: ARR) is a Maryland corporation incorporated in 2008. ARMOUR and its subsidiaries are managed by ARMOUR Capital Management LP, an investment advisor registered with the SEC. We invest primarily in residential mortgage backed securities issued or guaranteed by a United States Government-sponsored entity, such as the Federal National Mortgage Association (Fannie Mae), the Federal Home Loan Mortgage Corporation (Freddie Mac) or guaranteed by the Government National Mortgage Administration (Ginnie Mae) (collectively, “Agency Securities”). Our Agency Securities consist primarily of fixed rate loans. The remaining are either backed by hybrid adjustable rate or adjustable rate loans. From time to time we may also invest in Interest-Only Securities, U.S. Treasury Securities and money market instruments.