ARMOUR Residential REIT, Inc. Announces September 2024 Dividend Rate Per Common Share
August 29 2024 - 4:15PM
ARMOUR Residential REIT, Inc. (NYSE: ARR and ARR-PRC) (“ARMOUR” or
the “Company”) today announced the September 2024 cash dividend for
the Company's Common Stock.
September 2024 Common
Stock Dividend Information
Month |
|
Dividend |
|
Holder of Record Date |
|
Payment Date |
September 2024 |
|
$0.24 |
|
September 16, 2024 |
|
September 27, 2024 |
|
|
|
|
|
|
|
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, which 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.
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. HarperChief Financial OfficerARMOUR Residential REIT,
Inc.(772) 617-4340
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