ARMOUR Residential REIT, Inc. Announces May 2024 Cash Dividend, Payable on May 28, 2024
April 24, 2024 at 04:20 pm EDT
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ARMOUR Residential REIT, Inc. announced May 2024 cash dividend of $0.24 for the Company's Common Stock. Holder of Record Date is May 15, 2024. Payment Date is May 28, 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. 
