ARMOUR Residential REIT, Inc. Announces Dividend Guidance for July 2024, Payable on July 30, 2024
June 25, 2024 at 01:45 am IST
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ARMOUR Residential REIT, Inc. announced guidance on the July 2024 cash dividend for the Company's Common Stock of $0.24 per Common share. Record Date is July 15, 2024. Payment Date is July 30, 2024.
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. 
