ARMOUR Residential REIT Financial Update and Dividend Announcement

ARMOUR Residential REIT ( (ARR) ) has shared an announcement.

ARMOUR Residential REIT, Inc. released a presentation detailing its financial position and operations as of November 2024. The company reported a common stock price of $18.92, a debt-equity ratio of 7.9, and total liquidity of $654.2 million. A December 2024 common dividend of $0.24 was declared, with an ex-dividend date of December 16, 2024, and a pay date of December 30, 2024. ARMOUR’s portfolio remains heavily weighted towards 30-year fixed-rate pools, constituting 95.8% of its holdings, with a total portfolio valued at $12,313 million. The presentation highlights ARMOUR’s strategic focus on maintaining leverage and liquidity to manage interest rate and MBS price risks.

More about ARMOUR Residential REIT

ARMOUR Residential REIT, Inc. operates in the mortgage investment industry, focusing on leveraging private capital to support home ownership through a diversified portfolio of mortgage-backed securities (MBS) issued or guaranteed by U.S. Government-sponsored entities. The company aims to create shareholder value through strategic investment and risk management, emphasizing intermediate-term dividends over short-term market fluctuations. ARMOUR is externally managed by ARMOUR Capital Management LP and primarily financed through BUCKLER Securities LLC, a major provider of its repurchase financing.

YTD Price Performance: 15.29%

Average Trading Volume: 1,571,474

Technical Sentiment Consensus Rating: Hold

Current Market Cap: $1.08B

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