Welcome to our dedicated page for ARMOUR Residential REIT news (Ticker: ARR), a resource for investors and traders seeking the latest updates and insights on ARMOUR Residential REIT stock.
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, Inc. (NYSE: ARR) has confirmed its October 2024 cash dividend for Common Stock and Q4 2024 monthly cash dividend for Series C Preferred Stock. For Common Stock, the October 2024 dividend is $0.24 per share, with a record date of October 15, 2024, and a payment date of October 30, 2024. For Series C Preferred Stock, the monthly dividend for Q4 2024 is $0.14583 per share, with payments scheduled for October, November, and December 2024.
ARMOUR, as a REIT, must distribute substantially all of its ordinary REIT taxable income to maintain its tax status. The Company's Board of Directors determines actual dividends, considering factors such as operations, cash flows, financial condition, and market conditions.
ARMOUR Residential REIT, Inc. (NYSE: ARR) has announced guidance for its October 2024 cash dividend for Common Stock. The dividend is set at $0.24 per Common share, with a holder of record date of October 15, 2024, and a payment date of October 30, 2024.
As a Real Estate Investment Trust (REIT), ARMOUR must distribute substantially all of its ordinary REIT taxable income to maintain its tax status. Dividends exceeding current tax earnings and profits are generally not taxable to common stockholders. The Company's board of directors determines actual dividends, considering factors such as operations, cash flows, financial condition, capital requirements, market conditions, and other relevant factors.
ARMOUR Residential REIT, Inc. (NYSE: ARR) has announced its September 2024 cash dividend for Common Stock. The dividend is set at $0.24 per share, with a holder of record date of September 16, 2024, and a payment date of September 27, 2024. As a REIT, ARMOUR must distribute most of its ordinary taxable income to maintain its tax status. Dividends exceeding current tax earnings and profits are generally not taxable to common stockholders. The company's board of directors determines actual dividends, considering factors such as financial condition, market conditions, and capital requirements.
ARMOUR Residential REIT, Inc. (NYSE: ARR and ARR PRC) announced its unaudited Q2 2024 results. The company reported a GAAP net loss of $51.3 million or $(1.05) per common share. Net interest income was $7.0 million, while distributable earnings available to common stockholders stood at $52.5 million or $1.08 per common share. ARMOUR paid common stock dividends of $0.24 per share per month, totaling $0.72 per share for Q2.
As of June 30, 2024, ARMOUR's book value per common share was $20.30, down from $22.07 on March 31, 2024. The company had liquidity of $630.2 million and an agency mortgage-backed securities portfolio totaling $8.9 billion.
At the close of business on July 22, 2024, ARMOUR had an estimated book value per common share of $20.37, liquidity exceeding $553 million, and a debt-to-equity ratio of 6.5:1. The company also reported a voluntary dismissal of the JAVELIN Mortgage Investment Corp. shareholder litigation appeal in July 2024.
ARMOUR Residential REIT, Inc. (NYSE: ARR) has announced its August 2024 cash dividend for Common Stock. Shareholders of record on August 15, 2024, will receive a dividend of $0.24 per share, payable on August 29, 2024. As a REIT, ARMOUR must distribute most of its ordinary taxable income to maintain its tax status. The company's board of directors determines actual dividends, considering factors such as operations, cash flows, financial condition, capital requirements, market conditions, and other relevant factors. Dividends exceeding current tax earnings and profits are generally not taxable to common stockholders.
ARMOUR Residential REIT (NYSE: ARR) has announced its upcoming second quarter 2024 earnings release and webcast schedule. The company will release its Q2 2024 earnings after market close on Wednesday, July 24, 2024. Following this, ARMOUR will host a live webcast conference call with equity analysts on Thursday, July 25, 2024, at 8:00 a.m. Eastern Time. Investors and interested parties can access the real-time webcast through the provided link. An online replay of the webcast will be available on ARMOUR's website for one year. This event provides an opportunity for stakeholders to gain insights into the company's financial performance and operational results for the second quarter of 2024.
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