Armour Residential REIT Announces Monthly Dividend as Quarterly Results Loom

Investors in Armour Residential REIT are navigating a significant period, with a confirmed dividend payment preceding the imminent release of the company’s final quarterly report. The coming weeks will provide a clear view of the mortgage REIT’s performance amidst ongoing interest rate volatility.

The company solidified its latest distribution on January 29. Shareholders are set to receive a cash dividend of $0.24 per share. To qualify for this payment, which will be disbursed on February 27, investors must be on the company’s books as of the record date, February 17. These consistent monthly distributions form a cornerstone of the investment thesis for Armour Residential, though their sustainability is intrinsically linked to underlying Read more...