Armour Residential REIT, Inc. (NYSE ticker ARR) has released its monthly update for August 2024, providing key data as of 07/31/2024. The common stock price stands at $20.20, and the company's debt-equity ratio is reported to be 6.2. The implied leverage is at 7.6, and total liquidity amounts to $621.8 million.
In terms of dividend information, the common dividend for August 2024 is reported at $0.24, with the common ex-dividend date/record date set at 08/15/2024 and the pay date at 08/29/2024.
The portfolio breakdown reveals that 84.9% of the portfolio is comprised of 30-year fixed-rate pools, with a current value of $9,162 million and an effective duration using current values of 4.22. The agency portfolio represents 84.9% of the total portfolio, with a value of $9,162 million, while long TBAs make up 15.1% of the portfolio, amounting to $1,626 million.
In terms of repurchase agreements, Armour has reported principal borrowed of $3,714 million with Buckler Securities LLC, representing 46.7% of repo positions, and $4,243 million with all other counterparties, representing 53.3% of repo positions.
The company's interest rate swaps maturity distribution indicates a total notional amount of $8,436 million, with a weighted average remaining term of 63 months and a weighted average rate of 1.96.
As a result of these announcements, the company's shares have moved 0.1% on the market, and are now trading at a price of $20.23. Check out the company's full 8-K submission here.
