ARMOUR Residential REIT, Inc. Confirms April 2024 Common Share Dividend, Payable on April 29, 2024
April 01, 2024 at 04:15 pm EDT
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ARMOUR Residential REIT, Inc. confirmed the April 2024 cash dividend for the Company's Common Stock consistent with the previous guidance which the Company released on March 25, 2024. The company confirmed cash dividend of $0.24 per share, payable on April 29, 2024 with record date of April 15, 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. 
