ARMOUR Residential REIT, Inc. Announces Dividend for the Month of January 2020, Payable on January 30, 2020; Announces Cash Dividend on Preferred Shares for the Months of January, February and March 2020, Payable on January 27, 2020, February 27, 2020 and March 27, 2020, Respectively
January 02, 2020 at 09:19 pm
Share
On January 2, 2020, ARMOUR Residential REIT, Inc. (ARMOUR) confirmed that a cash dividend of $0.17 per share, will be payable to holders of ARMOUR common stock for the month of January 2020. Record date is January 15, 2020. Payment date is January 30, 2020.
Additionally, the company confirmed on January 2, 2020 that cash dividend for the months of January, February and March 2020 rate of $0.1640625 per share will be payable to holders of ARMOUR Series B Preferred Stock for each of the three months in the first quarter of 2020. Holder of record date are January 15, 2020, February 15, 2020 and March 15, 2020. Payment date are January 27, 2020, February 27, 2020 and March 27, 2020.
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. Announces Dividend for the Month of January 2020, Payable on January 30, 2020; Announces Cash Dividend on Preferred Shares for the Months of January, February and March 2020, Payable on January 27, 2020, February 27, 2020 and March 27, 2020, Respectively