Armour Residential REIT, Inc. has confirmed its April 2025 common share and Q2 2025 Series C preferred share dividends. For the common stock, the dividend for April 2025 is set at $0.24, with a holder of record date of April 15, 2025, and a payment date of April 29, 2025.
The Q2 2025 Series C preferred stock dividend is set at $0.14583 for April, with the holder of record date also being April 15, 2025, and the payment date being April 28, 2025. Additionally, the dividends for May and June 2025 for the Series C preferred stock are also set at $0.14583, with holder of record dates and payment dates following the same pattern as in April.
The company has elected to be taxed as a real estate investment trust (REIT) for U.S. federal income tax purposes. It is required to distribute substantially all of its ordinary REIT taxable income to maintain this tax status. Dividends paid in excess of current tax earnings and profits for the year will generally not be taxable to common stockholders.
Armour Residential REIT, Inc. primarily invests in fixed-rate residential, adjustable-rate, and hybrid adjustable-rate residential mortgage-backed securities issued or guaranteed by U.S. government-sponsored enterprises or guaranteed by the Government National Mortgage Association. The company is externally managed and advised by Armour Capital Management LP, an investment advisor registered with the Securities and Exchange Commission (SEC). The market has reacted to these announcements by moving the company's shares -0.4% to a price of $17.03. For the full picture, make sure to review ARMOUR Residential REIT's 8-K report.
