ARMOUR Residential REIT, Inc. Confirms April 2018 Dividend Rate per Common Share and Q2 Monthly Dividend Rates per Preferred ...
April 02 2018 - 3:15PM
ARMOUR Residential REIT, Inc. (NYSE: ARR, ARR PrA and ARR PrB)
(“ARMOUR” or the “Company”) today confirmed the April 2018 cash
dividend rate for the Company’s Common Stock and the Q2 2018
monthly cash dividend rates for the Company’s Series A and Series B
Preferred Stock.
April 2018 Common Stock Dividend
Information
Month |
|
Dividend |
|
Holder of Record Date |
|
Payment Date |
April
2018 |
|
$ |
0.19 |
|
April
13, 2018 |
|
April
27, 2018 |
Q2 2018 Series A Preferred Stock
Dividend Information
Month |
|
Dividend |
|
Holder of Record Date |
|
Payment Date |
April
2018 |
|
$ |
0.171875 |
|
April
15, 2018 |
|
April
27, 2018 |
May
2018 |
|
$ |
0.171875 |
|
May
15, 2018 |
|
May
29, 2018 |
June
2018 |
|
$ |
0.171875 |
|
June
15, 2018 |
|
June
27, 2018 |
Q2 2018 Series B Preferred Stock
Dividend Information
Month |
|
Dividend |
|
Holder of Record Date |
|
Payment Date |
April
2018 |
|
$ |
0.1640625 |
|
April
15, 2018 |
|
April
27, 2018 |
May
2018 |
|
$ |
0.1640625 |
|
May
15, 2018 |
|
May
29, 2018 |
June
2018 |
|
$ |
0.1640625 |
|
June
15, 2018 |
|
June
27, 2018 |
Certain Tax MattersARMOUR 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.
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 (“GSEs”), or guaranteed by the
Government National Mortgage Association. In addition, ARMOUR
invests in other securities backed by residential mortgages for
which the payment of principal and interest is not guaranteed by a
GSE or government agency. ARMOUR is externally managed and
advised by ARMOUR Capital Management LP, an investment advisor
registered with the Securities and Exchange Commission (“SEC”).
Safe HarborThis 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
ItInvestors, 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: James R. MountainChief
Financial OfficerARMOUR Residential REIT, Inc.(772) 617-4340
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