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ARMOUR Residential REIT, Inc. Confirms October 2024 Common Share and Series C Preferred Share Dividends

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ARMOUR Residential REIT, Inc. (NYSE: ARR) has confirmed its October 2024 cash dividend for Common Stock and Q4 2024 monthly cash dividend for Series C Preferred Stock. For Common Stock, the October 2024 dividend is $0.24 per share, with a record date of October 15, 2024, and a payment date of October 30, 2024. For Series C Preferred Stock, the monthly dividend for Q4 2024 is $0.14583 per share, with payments scheduled for October, November, and December 2024.

ARMOUR, as a REIT, must distribute substantially all of its ordinary REIT taxable income to maintain its tax status. The Company's Board of Directors determines actual dividends, considering factors such as operations, cash flows, financial condition, and market conditions.

ARMOUR Residential REIT, Inc. (NYSE: ARR) ha confermato il suo dividendo in contante di ottobre 2024 per le azioni ordinarie e il dividendo mensile in contante per le azioni privilegiate di serie C per il quarto trimestre del 2024. Per le azioni ordinarie, il dividendo di ottobre 2024 è di 0,24 dollari per azione, con una data di registrazione del 15 ottobre 2024 e una data di pagamento del 30 ottobre 2024. Per le azioni privilegiate di serie C, il dividendo mensile per il quarto trimestre del 2024 è di 0,14583 dollari per azione, con pagamenti programmati per ottobre, novembre e dicembre 2024.

ARMOUR, in quanto REIT, deve distribuire sostanzialmente tutto il suo reddito imponibile ordinario per mantenere il proprio status fiscale. Il Consiglio di Amministrazione della Società determina i dividendi effettivi, considerando fattori come le operazioni, i flussi di cassa, la condizione finanziaria e le condizioni di mercato.

ARMOUR Residential REIT, Inc. (NYSE: ARR) ha confirmado su dividendo en efectivo de octubre 2024 para las acciones ordinarias y el dividendo mensual en efectivo para las acciones preferentes de serie C para el cuarto trimestre de 2024. Para las acciones ordinarias, el dividendo de octubre 2024 es de $0.24 por acción, con una fecha de registro del 15 de octubre de 2024 y una fecha de pago del 30 de octubre de 2024. Para las acciones preferentes de serie C, el dividendo mensual para el cuarto trimestre de 2024 es de $0.14583 por acción, con pagos programados para octubre, noviembre y diciembre de 2024.

ARMOUR, como un REIT, debe distribuir sustancialmente todos sus ingresos imponibles ordinarios para mantener su estatus fiscal. La Junta Directiva de la Compañía determina los dividendos reales, considerando factores como las operaciones, los flujos de efectivo, la condición financiera y las condiciones del mercado.

ARMOUR Residential REIT, Inc. (NYSE: ARR)는 2024년 10월 현금 배당금을 보통 주식 및 2024년 4분기 시리즈 C 우선주에 대한 월 배당금으로 확인했습니다. 보통 주식의 경우, 2024년 10월 배당금은 주당 0.24달러이며, 기록일은 2024년 10월 15일, 지급일은 2024년 10월 30일입니다. 시리즈 C 우선주의 경우, 2024년 4분기 월 배당금은 주당 0.14583달러이며, 2024년 10월, 11월 및 12월에 지급될 예정입니다.

ARMOUR는 REIT로서 세금 지위를 유지하기 위해 모든 일반 REIT 과세 소득의 상당 부분을 분배해야 합니다. 회사의 이사회는 운영, 현금 흐름, 재무 상태 및 시장 상황과 같은 요소를 고려하여 실제 배당금을 결정합니다.

ARMOUR Residential REIT, Inc. (NYSE: ARR) a confirmé son dividende en espèces d'octobre 2024 pour les actions ordinaires et le dividende mensuel en espèces pour les actions privilégiées de série C pour le quatrième trimestre 2024. Pour les actions ordinaires, le dividende d'octobre 2024 est de 0,24 $ par action, avec une date d'enregistrement du 15 octobre 2024 et une date de paiement du 30 octobre 2024. Pour les actions privilégiées de série C, le dividende mensuel pour le quatrième trimestre 2024 est de 0,14583 $ par action, avec des paiements prévus pour octobre, novembre et décembre 2024.

ARMOUR, en tant que REIT, doit distribuer la majeure partie de ses revenus imposables ordinaires pour maintenir son statut fiscal. Le Conseil d'administration de la Société détermine les dividendes réels, en tenant compte de facteurs tels que les opérations, les flux de trésorerie, la situation financière et les conditions du marché.

ARMOUR Residential REIT, Inc. (NYSE: ARR) hat die Bardividende für Oktober 2024 für Stammaktien und die monatliche Bardividende für die Serie C Vorzugsaktien im 4. Quartal 2024 bestätigt. Für Stammaktien beträgt die Dividende im Oktober 2024 0,24 USD pro Aktie, mit einem Stichtag am 15. Oktober 2024 und einem Zahlungstermin am 30. Oktober 2024. Für die Serie C Vorzugsaktien beträgt die monatliche Dividende für Q4 2024 0,14583 USD pro Aktie, mit Zahlungen, die für Oktober, November und Dezember 2024 geplant sind.

ARMOUR muss als REIT den Großteil seines ordentlichen steuerpflichtigen Einkommens ausschütten, um seinen Steuerstatus aufrechtzuerhalten. Der Vorstand des Unternehmens bestimmt die tatsächlichen Dividenden, wobei Faktoren wie Betrieb, Cashflow, finanzielle Lage und Marktbedingungen berücksichtigt werden.

Positive
  • Consistent dividend payment for both Common Stock and Series C Preferred Stock
  • Maintenance of REIT status through dividend distributions
Negative
  • None.

VERO BEACH, Florida, Oct. 01, 2024 (GLOBE NEWSWIRE) -- ARMOUR Residential REIT, Inc. (NYSE: ARR and ARR-PRC) (“ARMOUR” or the “Company”) today confirmed the October 2024 cash dividend for the Company's Common Stock, consistent with the previous guidance which the Company released on September 24, 2024. The Company also confirmed the Q4 2024 monthly cash dividend rate for the Company's Series C Preferred Stock.

October 2024 Common Stock Dividend Information

Month Dividend Holder of Record Date Payment Date
October 2024 $0.24 October 15, 2024 October 30, 2024

Q4 2024 Series C Preferred Stock Dividend Information

Month Dividend Holder of Record Date Payment Date
October 2024 $0.14583 October 15, 2024 October 28, 2024
November 2024 $0.14583 November 15, 2024 November 27, 2024
December 2024 $0.14583 December 15, 2024 December 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, who 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. Harper
Chief Financial Officer
ARMOUR Residential REIT, Inc.
(772) 617-4340


FAQ

What is the October 2024 dividend amount for ARMOUR Residential REIT (ARR) Common Stock?

The October 2024 dividend for ARMOUR Residential REIT (ARR) Common Stock is $0.24 per share.

When is the payment date for ARR's October 2024 Common Stock dividend?

The payment date for ARR's October 2024 Common Stock dividend is October 30, 2024.

What is the monthly dividend rate for ARMOUR Residential REIT's Series C Preferred Stock in Q4 2024?

The monthly dividend rate for ARMOUR Residential REIT's Series C Preferred Stock in Q4 2024 is $0.14583 per share.

How often does ARMOUR Residential REIT (ARR) pay dividends on its Series C Preferred Stock?

ARMOUR Residential REIT (ARR) pays dividends on its Series C Preferred Stock monthly.

ARMOUR Residential REIT, Inc.

NYSE:ARR

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1.04B
55.44M
0.57%
49.25%
12.61%
REIT - Mortgage
Real Estate Investment Trusts
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United States of America
VERO BEACH