Armour Residential REIT, Inc. (NYSE: ARR) has released its monthly update for December 2024, revealing key data as of November 30, 2024. Let's take a closer look at some of the important metrics.
The common stock price stands at $18.92, while the debt-equity ratio is 7.9, and the implied leverage is 7.7. The total liquidity is reported at $654.2 million.
In terms of dividends, the common dividend for December 2024 is $0.24, with the common ex-dividend date/record date set at 12/16/2024 and the pay date on 12/30/2024.
The portfolio breakdown as of November 30, 2024, shows that agency CMBS accounts for 4.2% of the portfolio with a current value of $514.3 million. The effective duration using current values for this segment is 4.2. Additionally, the agency portfolio represents 100% of the total portfolio, with a value of $12,313 million.
Moving on to the repurchase (repo) positions, Buckler Securities LLC has provided $5,141 million, representing 45.3% of the repo positions with Armour. The weighted average original term for these positions is 35 days, with a weighted average remaining term of 18 days.
Furthermore, Armour's interest rate swaps show a total notional amount of $6,932 million, with a weighted average remaining term of 75 months and a weighted average rate of 1.56%.
These figures provide a snapshot of Armour Residential REIT, Inc.'s financial standing and investment strategies as of the end of November 2024. As a result of these announcements, the company's shares have moved -0.4% on the market, and are now trading at a price of $19.38. For the full picture, make sure to review ARMOUR Residential REIT's 8-K report.
