High-yield ARMOUR Residential REIT (NYSE: ARR) June update shows 16.8% dividend
Filing Impact
Filing Sentiment
Form Type
8-K
Rhea-AI Filing Summary
ARMOUR Residential REIT, Inc. furnished a June 2026 investor presentation under Regulation FD, providing a monthly portfolio and capital update as of May 31, 2026. The company reports a total portfolio market value of $22,198 million, with 93.8% in agency mortgage-backed securities and related positions.
Key balance sheet metrics include a common stock price of $17.15, debt‑equity of 7.9, implied leverage of 8.0, and liquidity of $1,161.9 million, representing 46% of total capital. Q1 2026 market capitalization is shown at $2,062.1 million.
For income, ARMOUR declares a June 2026 common dividend of $0.24 per share, corresponding to a 16.8% current dividend yield. Funding is primarily through repurchase agreements totaling $19,867 million, and interest rate risk is hedged with swaps totaling $15,339 million of notional, with a weighted average remaining term of 53 months and a 2.74% average rate.
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8-K Event Classification
2 items: 7.01, 9.01
2 items
Item 7.01
Regulation FD Disclosure
Disclosure
Material non-public information disclosed under Regulation Fair Disclosure, often investor presentations or guidance.
Item 9.01
Financial Statements and Exhibits
Exhibits
Financial statements, pro forma financial information, and exhibit attachments filed with this report.
Key Figures
Total portfolio market value: $22,198 million
Agency portfolio share: 93.8%
Common stock price: $17.15
+5 more
8 metrics
Total portfolio market value
$22,198 million
Portfolio and Key Data as of May 31, 2026
Agency portfolio share
93.8%
Agency portfolio percentage of total portfolio
Common stock price
$17.15
ARMOUR Key Data
Debt-Equity ratio
7.9
Total repo divided by shareholders’ equity
Liquidity
$1,161.9 million
46% of total capital, as defined by company
June 2026 common dividend
$0.24 per share
Current dividend yield 16.8%
Total repo funding
$19,867 million
Principal borrowed across all repo counterparties
Interest rate swaps notional
$15,339 million
Weighted average remaining term 53 months, rate 2.74%
Key Terms
mortgage-backed securities, repurchase financing, implied Leverage, interest rate swaps, +2 more
6 terms
mortgage-backed securities financial
"leveraged and diversified portfolio of mortgage-backed securities issued or guaranteed by U.S Government-sponsored entities"
A mortgage-backed security is an investment made by pooling many home loans and selling the right to the borrowers’ monthly payments to investors, so you receive a stream of principal and interest much like collecting payments on a bundle of IOUs. It matters to investors because it provides regular income but carries risks from homeowners missing payments or paying off loans early, and its value moves with interest rates and housing market conditions.
repurchase financing financial
"access to equity capital and repurchase financing at potentially attractive rates and terms"
implied Leverage financial
"Implied Leverage (2) | 8.0"
interest rate swaps financial
"ARMOUR Interest Rate Swaps Maturity (months) | Notional Amount"
A contract between two parties to exchange streams of interest payments, typically swapping a fixed-rate payment for a floating-rate payment or vice versa. Think of it like two neighbors agreeing to trade the type of mortgage payments they make to reduce uncertainty or take advantage of expected rate moves; investors care because swaps change a company’s borrowing costs and risk exposure, which can materially affect cash flow, creditworthiness, and valuation.
forward-looking statements regulatory
"constitute “forward-looking statements” made within the meaning of the safe harbor provisions"
Forward-looking statements are predictions or plans that companies share about what they expect to happen in the future, like estimating sales or profits. They matter because they help investors understand a company's outlook, but since they are based on guesses and assumptions, they can sometimes be wrong.
liquidity financial
"Liquidity (3) (in millions) | 1,161.9"
Liquidity is how easily and quickly an asset or investment can be converted into cash without losing value. It matters to investors because higher liquidity means they can access their money quickly if needed, while lower liquidity can make it harder to sell assets promptly or at a fair price, potentially creating financial challenges. Think of it like trying to sell a common item versus a rare collectible—it's much easier to sell the common item fast.
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
_____________
FORM 8-K
______________
CURRENT REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934
Date of Report (Date of earliest event reported) June 12, 2026
(Exact Name of Registrant as Specified in Its Charter)
| (State or Other Jurisdiction of Incorporation) | (Commission File Number) | (I.R.S. Employer Identification No.) | ||||||
| (Address of Principal Executive Offices) | (Zip Code) | ||||||||||
(772 ) 617-4340
(Registrant’s Telephone Number, Including Area Code)
n/a
(Former Name or Former Address, if Changed Since Last Report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):
Securities registered pursuant to Section 12(b) of the Act:
| Title of Each Class | Trading symbols | Name of Exchange on which registered | ||||||||||||
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company ☐
If an emerging growth company, indicate by a check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act ☐
Item 7.01. Regulation FD Disclosure.
On June 12, 2026 , ARMOUR Residential REIT, Inc. (“ARMOUR”) produced for distribution a presentation, which contains updates on ARMOUR's financial position, business and operations. Attached as Exhibit 99.1 to this report is the presentation produced by ARMOUR.
The presentation attached to this report as Exhibit 99.1 is furnished pursuant to this Item 7.01 and shall not be deemed filed in this or any other filing of ARMOUR under the Securities Exchange Act of 1934, as amended, unless expressly incorporated by specific reference in any such filing.
Item 9.01. Financial Statements and Exhibits.
(d) Exhibits
| Exhibit No. | Description | ||||
| 99.1 | Presentation dated June 12, 2026 | ||||
| 104 | Cover Page Interactive Data File (embedded within the Inline XBRL document) | ||||
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
Dated: June 12, 2026
ARMOUR RESIDENTIAL REIT, INC.
By: /s/ Gordon M. Harper
Name: Gordon M. Harper
Title: Chief Financial Officer
FAQ
What did ARMOUR Residential REIT (ARR) disclose in its June 2026 8-K?
ARMOUR furnished a June 2026 investor presentation with a monthly portfolio and capital update, including portfolio size, leverage, liquidity, funding mix, hedging profile, and current dividend details for shareholders.
How large is ARMOUR Residential REIT’s portfolio in the June 2026 update?
The presentation shows a total portfolio market value of $22,198 million. Most assets are agency mortgage-backed securities and related positions, reflecting ARMOUR’s strategy of investing primarily in government-sponsored MBS.
What dividend is ARMOUR Residential REIT (ARR) paying for June 2026?
ARMOUR’s June 2026 common dividend is $0.24 per share, with a stated current dividend yield of 16.8%. The ex-dividend and record date is June 15, 2026, and the payment date is June 29, 2026.
What leverage levels does ARMOUR Residential REIT report in June 2026?
ARMOUR reports a debt‑equity ratio of 7.9 and implied leverage of 8.0. These figures reflect use of repurchase agreements and TBA positions relative to shareholders’ equity in its mortgage-backed securities portfolio.
How much liquidity does ARMOUR Residential REIT have in the June 2026 update?
Liquidiity is reported at $1,161.9 million, or 46% of total capital. Liquidity is defined as cash plus unencumbered agency and U.S. Government securities, excluding any forward-settling trades, supporting funding and risk management needs.
What funding sources does ARMOUR Residential REIT use for its MBS portfolio?
ARMOUR primarily uses repurchase agreements, totaling $19,867 million. About $9,294 million is with BUCKLER Securities LLC, an affiliated broker‑dealer, and $10,573 million with other counterparties, diversifying funding sources and maturities.
How is ARMOUR Residential REIT hedging interest rate risk as of May 31, 2026?
ARMOUR reports interest rate swaps with total notional of $15,339 million, a weighted average remaining term of 53 months, and a 2.74% weighted average fixed rate. Swaps across multiple maturities help manage exposure to changes in interest rates.