ARMOUR Residential REIT, Inc. Announces December 2017 Dividend of $0.19 Per Common Share
November 27 2017 - 4:15PM
ARMOUR Residential REIT, Inc. (NYSE: ARR, ARR PrA and ARR PrB)
(“ARMOUR” or the “Company”) today announced the December 2017 cash
dividend for the Company’s Common Stock, which maintains the
current monthly dividend rate of $0.19 per Common share.
December 2017 Common Stock Dividend
Information
Month |
|
Dividend |
|
Holder of Record Date |
|
Payment Date |
December 2017 |
|
$ |
0.19 |
|
|
December 15, 2017 |
|
December 28, 2017 |
|
|
|
|
|
|
|
|
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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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