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, ARR–PRC) announced it will hold a conference call on April 22, 2021, to discuss its first quarter 2021 operating results. The earnings release will be issued after market close on April 21, 2021. Investors can access the live webcast at this link beginning at 8:30 a.m. ET. A replay will be available on the Company’s website for one year. ARMOUR specializes in mortgage-backed securities guaranteed by U.S. government-sponsored enterprises.
ARMOUR Residential REIT, Inc. (NYSE: ARR, ARR–PRC) will host a webcast for equity analysts on February 18, 2021, to discuss its fourth quarter 2020 operating results. The earnings release will be available after market close on February 17, 2021. Investors can access the live broadcast at this link, starting at 8:30 a.m. ET. A replay will be available for one year on the company’s website. ARMOUR focuses on investing in fixed-rate and adjustable-rate residential mortgage-backed securities.
ARMOUR Residential REIT, Inc. (NYSE: ARR) has announced its cash dividend for October 2020, maintaining the monthly rate at $0.10 per common share. The holder of record date is set for October 15, 2020, with the payment date on October 29, 2020. As a real estate investment trust (REIT), ARMOUR must distribute substantially all of its taxable income to maintain its tax status. This dividend announcement reflects the company's ongoing commitment to delivering income to its shareholders amidst market conditions.
ARMOUR Residential REIT has announced a cash dividend of $0.10 per share for September 2020. The record date for this dividend is September 15, 2020, with payment scheduled for September 29, 2020. As a REIT, ARMOUR must distribute most of its taxable income to maintain its tax status. The company primarily invests in mortgage-backed securities guaranteed by U.S. Government-sponsored enterprises, ensuring a focus on residential assets.
ARMOUR Residential REIT (NYSE: ARR) announced the completion of its strategic transition to a portfolio solely comprising mortgage-backed securities guaranteed by U.S. government-sponsored enterprises. The sale of the last unguaranteed mortgage-backed security occurred on August 11, 2020. The company reported liquidity of $582 million, including $104 million in short-term receivables, with an estimated book value per common share of $11.45. A dividend of $0.10 per share is scheduled for payment on August 28, 2020, to shareholders as of August 17, 2020.
ARMOUR Residential REIT (NYSE: ARR) reported its Q2 2020 financial results, showing a comprehensive income of $23.4 million, or $0.33 per share. The company’s book value per share stood at $11.11, with stockholders' equity totaling $851 million. ARMOUR transitioned its portfolio to focus exclusively on agency-guaranteed mortgage-backed securities (MBS), holding 99% in Agency MBS. The liquidity increased to $540 million, and a common stock dividend of $0.09 per share was resumed, with guidance for $0.10 for July. The company warned the COVID-19 pandemic may impact future operations.
ARMOUR Residential REIT (NYSE: ARR) confirmed a cash dividend of $0.10 for August 2020, payable on August 28, 2020, to shareholders on record as of August 17, 2020. This dividend aligns with ARMOUR's real estate investment trust (REIT) tax obligations, requiring substantial distribution of taxable income. The company primarily invests in U.S. government-backed residential mortgage securities, having reduced its legacy portfolio. The dividend reflects ARMOUR's financial strategies and market conditions.
ARMOUR Residential REIT (NYSE: ARR) will host an online conference call on July 23, 2020, to discuss its second quarter 2020 operating results. The earnings release will be issued after market close on July 22, 2020. Investors can access the live webcast starting at 8:30 a.m. (Eastern Time) through the provided link, with a replay available for up to one year on the company's website.
ARMOUR primarily invests in U.S. Government-backed residential mortgage securities and has largely liquidated its legacy portfolio of unguaranteed securities.
ARMOUR Residential REIT announced its July 2020 cash dividend for Common Stock set at $0.10, payable on July 30, 2020, with a record date of July 15, 2020. The company also confirmed the Q3 2020 dividend for Series C Preferred Stock at $0.14583 for each month from July to September 2020, with record dates on the 15th and payment dates at the end of each month. ARMOUR is structured as a REIT, meaning it must distribute most earnings to maintain tax status. Current market conditions and operational performance will be considered in future dividend decisions.
ARMOUR Residential REIT, NYSE: ARR, announced its third-quarter 2020 monthly cash dividend guidance. The Company plans to declare dividends of $0.10 for July, August, and September 2020, with payment dates on July 30, August 28, and September 29, 2020, respectively. Additionally, a $0.09 dividend was paid on June 29, 2020. ARMOUR maintains its REIT status, necessitating substantial distributions of its taxable income. The Board of directors will consider various operational factors in determining actual dividends.