ARMOUR Residential REIT, Inc. Announces Cash Dividend for the Month of February 2019, Payable on February 28, 2019
January 29, 2019 at 02:49 am IST
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ARMOUR Residential REIT, Inc. announced the February 2019 cash dividend for the Company’s Common Stock, which maintains the current monthly dividend rate of $0.19 per Common share. Record date is February 15, 2019 and payment date is February 28, 2019.
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.