ARMOUR Residential REIT, Inc. Announces Monthly Cash Dividend on Common Stock for the Months of October, November and December 2023, Payable on October 30, 2023, November 29, 2023 and December 28, 2023 Respectively
October 02, 2023 at 06:15 am
Share
ARMOUR Residential REIT, Inc. announced monthly cash dividend on Common Stock of $0.40 per share for the months of October, November and December 2023. The dividends are payable on October 30, 2023, November 29, 2023 and December 28, 2023 respectively with record dates of October 16, 2023, November 15, 2023 and December 15, 2023 respectively.
ARMOUR Residential REIT, Inc. is a real estate investment trust. The Company brings private capital into the mortgage markets to support home ownership for a broad and diverse spectrum of Americans. The Company seeks to create stockholder value through thoughtful investment and risk management of a leveraged and diversified portfolio of mortgage backed securities (MBS). It prioritizes maintaining common share dividends appropriate for the intermediate term rather than focusing on short-term market fluctuations. It invests in MBS, issued or guaranteed by a United States Government-sponsored entity (GSE), such as the Federal National Mortgage Association (Fannie Mae), the Federal Home Loan Mortgage Corporation (Freddie Mac), or a government agency such as Government National Mortgage Administration (Ginnie Mae) (collectively, Agency Securities). Its Agency Securities consist of fixed rate loans. The Company is managed by ARMOUR Capital Management LP, an investment advisor.
ARMOUR Residential REIT, Inc. Announces Monthly Cash Dividend on Common Stock for the Months of October, November and December 2023, Payable on October 30, 2023, November 29, 2023 and December 28, 2023 Respectively