ARMOUR Residential REIT (NYSE: ARR) extends manager term and confirms April 2026 common and Q2 Series C preferred dividends
Filing Impact
Filing Sentiment
Form Type
8-K
Rhea-AI Filing Summary
ARMOUR Residential REIT, Inc. extended its external management agreement with ARMOUR Capital Management LP by 3.25 years, moving the base term expiration from December 31, 2029 to March 31, 2033, with all other terms unchanged.
The company also confirmed an April 2026 common stock cash dividend of $0.24 per share, payable on April 29, 2026 to holders of record on April 15, 2026. For its Series C Preferred Stock, ARMOUR confirmed a monthly cash dividend of $0.14583 per share for April, May and June 2026, with record dates on the 15th of each month and payments later in each month.
Positive
- None.
Negative
- None.
8-K Event Classification
3 items: 1.01, 8.01, 9.01
3 items
Item 1.01
Entry into a Material Definitive Agreement
Business
The company signed a significant contract such as a merger agreement, credit facility, or major partnership.
Item 8.01
Other Events
Other
Voluntary disclosure of events the company deems important to shareholders but not covered by other items.
Item 9.01
Financial Statements and Exhibits
Exhibits
Financial statements, pro forma financial information, and exhibit attachments filed with this report.
Key Figures
Management agreement extension: 3.25 years
April 2026 common dividend: $0.24 per share
Q2 2026 Series C dividend: $0.14583 per share monthly
+3 more
6 metrics
Management agreement extension
3.25 years
Base term extended from December 31, 2029 to March 31, 2033
April 2026 common dividend
$0.24 per share
Payable April 29, 2026 to holders of record April 15, 2026
Q2 2026 Series C dividend
$0.14583 per share monthly
For April, May and June 2026 Series C Preferred Stock
April 2026 Series C record date
April 15, 2026
Series C Preferred Stock record date, payment on April 27, 2026
May 2026 Series C payment date
May 27, 2026
Dividend of $0.14583 per Series C share for May 2026
June 2026 Series C payment date
June 29, 2026
Dividend of $0.14583 per Series C share for June 2026
Key Terms
Ninth Amended and Restated Management Agreement, Series C Preferred Stock, real estate investment trust, forward-looking statements, +2 more
6 terms
Ninth Amended and Restated Management Agreement regulatory
"further amended and restated the management agreement... the “Ninth Amended and Restated Management Agreement”"
Series C Preferred Stock financial
"a monthly cash dividend rate of $0.14583 per share will be payable to holders of ARMOUR Series C Preferred Stock"
A Series C preferred stock is a specific class of ownership issued during a later funding round that gives holders priority over common shareholders for getting paid and receiving dividends, like having a reserved lane in traffic when money is distributed. It often includes agreed rights such as a fixed payout, protection against dilution, and the option to convert into common shares, so investors treat it as a mix of safety and upside potential.
real estate investment trust financial
"ARMOUR has elected to be taxed as a real estate investment trust (“REIT”) for U.S. Federal income tax purposes."
A real estate investment trust (REIT) is a company that owns and manages income-producing properties—like apartment buildings, shopping centers, offices, or warehouses—and is required to pass most of its rental income to shareholders as dividends. Think of it as a shared property owner: instead of buying a whole building, investors buy a slice of a portfolio that pays regular income and can offer exposure to property values and rental markets without direct management. REITs matter to investors for predictable income, diversification, and liquidity compared with owning physical real estate.
forward-looking statements regulatory
"This press release includes “forward-looking statements” within the meaning of the safe harbor provisions"
Forward-looking statements are predictions or plans that companies share about what they expect to happen in the future, like estimating sales or profits. They matter because they help investors understand a company's outlook, but since they are based on guesses and assumptions, they can sometimes be wrong.
ordinary REIT taxable income financial
"In order to maintain this tax status, ARMOUR is required to timely distribute substantially all of its ordinary REIT taxable income."
mortgage-backed securities financial
"ARMOUR invests primarily in fixed rate residential, adjustable rate and hybrid adjustable rate residential mortgage-backed securities"
A mortgage-backed security is an investment made by pooling many home loans and selling the right to the borrowers’ monthly payments to investors, so you receive a stream of principal and interest much like collecting payments on a bundle of IOUs. It matters to investors because it provides regular income but carries risks from homeowners missing payments or paying off loans early, and its value moves with interest rates and housing market conditions.
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
_____________
FORM 8-K
______________
CURRENT REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934
Date of Report (Date of earliest event reported) April 1, 2026 (March 30, 2026)
(Exact Name of Registrant as Specified in Its Charter)
| (State or Other Jurisdiction of Incorporation) | (Commission File Number) | (I.R.S. Employer Identification No.) | ||||||
| (Address of Principal Executive Offices) | (Zip Code) | ||||||||||
(772 ) 617-4340
(Registrant’s Telephone Number, Including Area Code)
n/a
(Former Name or Former Address, if Changed Since Last Report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):
Securities registered pursuant to Section 12(b) of the Act:
| Title of Each Class | Trading symbols | Name of Exchange on which registered | ||||||||||||
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company ☐
If an emerging growth company, indicate by a check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act ☐
| Item 1.01. | Entry Into a Material Definitive Agreement. | ||||
On March 30, 2026, ARMOUR Residential REIT, Inc. (“ARMOUR” or the “Company”) and ARMOUR Capital Management LP., a Delaware limited partnership and the Company's external manager ("ACM"), further amended and restated the management agreement between ARMOUR and ACM (as further amended and restated, the “Ninth Amended and Restated Management Agreement”) to extend the base term of the management agreement by 3.25 additional years from December 31, 2029, the current expiration date of the base term of the management agreement, to March 31, 2033. The termination and extension procedures and all other terms in the management agreement remain unchanged. Such Ninth Amended and Restated Management Agreement replaces in its entirety the existing Eighth Amended and Restated Management Agreement, dated and effective as of February 14, 2023. A copy of the Ninth Amended and Restated Management Agreement is attached to this current report on Form 8-K as exhibit 10.1 and is incorporated herein by reference. The foregoing description of certain material terms of the Ninth Amended and Restated Management Agreement and the transactions contemplated thereby does not purport to be complete and is qualified in its entirety by reference to such exhibit.
| Item 8.01. | Other Events. | ||||
On April 1, 2026 , ARMOUR Residential REIT, Inc. (“ARMOUR” or the “Company”) confirmed the cash dividend of $0.24 per share, payable to holders of ARMOUR common stock for the month of April 2026, as set forth below:
| Holder of Record Date | Payment Date | |||||||
| April 15, 2026 | April 29, 2026 | |||||||
Additionally, ARMOUR confirmed on April 1, 2026 , that a monthly cash dividend rate of $0.14583 per share will be payable to holders of ARMOUR Series C Preferred Stock for each of the three months in the second quarter of 2026 as set forth below:
| Holder of Record Date | Payment Date | |||||||
| April 15, 2026 | April 27, 2026 | |||||||
| May 15, 2026 | May 27, 2026 | |||||||
| June 15, 2026 | June 29, 2026 | |||||||
A copy of ARMOUR's press release announcing the dividend is attached hereto as Exhibit 99.1 and incorporated herein by this reference.
| Item 9.01. | Financial Statements and Exhibits. | ||||
(d) Exhibits
| Exhibit No. | Description | |||||||
| 10.1 | Ninth Amended and Restated Management Agreement, dated and effective as of March 30, 2026, by and between ARMOUR Residential REIT, Inc. and ARMOUR Capital Management LP. | |||||||
| 99.1 | Press Release confirming the April 2026 common dividend and the Q2 2026 dividends on Series C Preferred Stock | |||||||
| 104 | Cover Page Interactive Data File (embedded within the Inline XBRL document) | |||||||
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
Dated: April 1, 2026
| ARMOUR RESIDENTIAL REIT, INC. | |||||||||||
| By: | /s/ Gordon M. Harper | ||||||||||
| Name: | Gordon M. Harper | ||||||||||
| Title: | Chief Financial Officer | ||||||||||
ARMOUR RESIDENTIAL REIT, INC. CONFIRMS APRIL 2026
COMMON SHARE AND Q2 2026 SERIES C PREFERRED SHARE DIVIDENDS
VERO BEACH, Florida – April 1, 2026 – ARMOUR Residential REIT, Inc. (NYSE: ARR and ARR-PRC) (“ARMOUR” or the “Company”) today confirmed the April 2026 cash dividend for the Company's Common Stock, consistent with the previous guidance which the Company released on March 25, 2026. The Company also confirmed the Q2 2026 monthly cash dividend rate for the Company's Series C Preferred Stock.
April 2026 Common Stock Dividend Information
| Month | Dividend | Holder of Record Date | Payment Date | |||||||||||||||||
| April 2026 | $0.24 | April 15, 2026 | April 29, 2026 | |||||||||||||||||
Q2 2026 Series C Preferred Stock Dividend Information
| Month | Dividend | Holder of Record Date | Payment Date | |||||||||||||||||
| April 2026 | $0.14583 | April 15, 2026 | April 27, 2026 | |||||||||||||||||
| May 2026 | $0.14583 | May 15, 2026 | May 27, 2026 | |||||||||||||||||
| June 2026 | $0.14583 | June 15, 2026 | June 29, 2026 | |||||||||||||||||
Certain Tax Matters
ARMOUR has elected to be taxed as a real estate investment trust (“REIT”) for U.S. Federal income tax purposes. In order to maintain this tax status, ARMOUR is required to timely distribute substantially all of its ordinary REIT taxable income. Dividends paid in excess of current tax earnings and profits for the year will generally not be taxable to common stockholders. Actual dividends are determined at the discretion of the Company’s Board of Directors, who may consider additional factors including the Company’s results of operations, cash flows, financial condition and capital requirements as well as current market conditions, expected opportunities and other relevant factors.
About ARMOUR Residential REIT, Inc.
ARMOUR invests primarily in fixed rate residential, adjustable rate and hybrid adjustable rate residential mortgage-backed securities issued or guaranteed by U.S. government-sponsored enterprises or guaranteed by the Government National Mortgage Association. ARMOUR is externally managed and advised by ARMOUR Capital Management LP, an investment advisor registered with the Securities and Exchange Commission (“SEC”).
Safe Harbor
This press release includes “forward-looking statements” within the meaning of the safe harbor provisions of the United States Private Securities Litigation Reform Act of 1995. Actual results may differ from expectations, estimates and projections and, consequently, you should not rely on these forward-looking statements as predictions of future events. Words such as “expect,” “estimate,” “project,” “budget,” “forecast,” “anticipate,” “intend,” “plan,” “may,” “will,” “could,” “should,” “believes,” “predicts,” “potential,” “continue,” and similar expressions are intended to identify such forward-looking statements. These forward-looking statements involve significant risks and uncertainties that could cause the actual results to differ materially from the expected results. The Company disclaims any obligation to release publicly any updates or revisions to any forward-looking statement to reflect any change in its expectations or any change in events, conditions or circumstances on which any such statement is based, except as required by law.
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ARMOUR Confirms April 2026 Common and Q2 2026 Series C Preferred Dividends
Page 2
April 1, 2026
Additional Information and Where to Find It
Investors, security holders and other interested persons may find additional information regarding the Company at the SEC’s internet site at www.sec.gov, or the Company website at www.armourreit.com, or by directing requests to: ARMOUR Residential REIT, Inc., 3001 Ocean Drive, Suite 201, Vero Beach, Florida 32963, Attention: Investor Relations.
Investor Contact:
Gordon M. Harper
Chief Financial Officer
ARMOUR Residential REIT, Inc.
(772) 617-4340
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FAQ
What management agreement change did ARMOUR Residential REIT (ARR) disclose in this 8-K?
ARMOUR extended its external management agreement with ARMOUR Capital Management LP by 3.25 years, shifting the base term expiration from December 31, 2029 to March 31, 2033. All termination and extension procedures and other terms of the agreement remain unchanged.
What is the April 2026 common stock dividend for ARMOUR Residential REIT (ARR)?
ARMOUR confirmed a cash dividend of $0.24 per common share for April 2026. The dividend is payable on April 29, 2026 to stockholders of record on April 15, 2026, consistent with guidance the company released on March 25, 2026.
What dividends will ARMOUR Residential REIT (ARR) pay on its Series C Preferred Stock in Q2 2026?
ARMOUR set a monthly Series C Preferred Stock dividend of $0.14583 per share for April, May and June 2026. Record dates are April 15, May 15 and June 15, with payments on April 27, May 27 and June 29, 2026, respectively.
How does ARMOUR Residential REIT’s REIT status affect its dividend policy?
ARMOUR has elected REIT tax status, which requires timely distribution of substantially all ordinary REIT taxable income. Dividends above current tax earnings and profits are generally not taxable to common stockholders, and actual dividends are set by the board considering results, cash flows, capital needs and market conditions.
What types of securities does ARMOUR Residential REIT (ARR) primarily invest in?
ARMOUR primarily invests in fixed-rate, adjustable-rate and hybrid adjustable-rate residential mortgage-backed securities. These securities are issued or guaranteed by U.S. government-sponsored enterprises or guaranteed by the Government National Mortgage Association, reflecting the company’s focus on agency residential mortgage-backed assets.
Who manages ARMOUR Residential REIT (ARR) and how is it structured?
ARMOUR is externally managed and advised by ARMOUR Capital Management LP, a Delaware limited partnership registered as an investment adviser with the SEC. The Ninth Amended and Restated Management Agreement governs this relationship and now runs through March 31, 2033, following the disclosed term extension.