ARMOUR Residential REIT, Inc. Shares Upcoming Dividend Plans
ARMOUR Residential REIT, Inc. Announces Dividend Guidance
ARMOUR Residential REIT, Inc. (NYSE: ARR and ARR-PRC) has provided an update regarding the cash dividend for the month of October 2024, setting the rate at $0.24 per common share. This announcement is an important signal for investors and stakeholders in the real estate investment trust (REIT) community, showcasing ARMOUR's commitment to delivering value to its shareholders.
October 2024 Common Stock Dividend Insights
For October 2024, the dividend details are as follows:
Dividend Information
The guidance for October highlights a dividend of $0.24 per common share. This reflects the company's ongoing efforts to maintain a robust return for its investors as it navigates through varying market conditions.
Dividend Timeline
ARMOUR has set the holder of record date for this dividend as October 15, 2024, with the payment expected to be made on October 30, 2024. Such timing allows ARMOUR to manage its financial operations effectively while ensuring shareholders receive their return in a timely manner.
Tax Considerations for Shareholders
As part of its operations, ARMOUR has chosen to be taxed as a REIT for federal income tax purposes. To uphold this status, it is essential for the company to distribute nearly all of its ordinary taxable income. Generally, dividends exceeding the current tax earnings for the year are not taxable for common stockholders, which adds a layer of financial benefit for the investors involved.
Board's Discretion in Dividend Decisions
The actual declaration of dividends is determined by the board of directors and may consider a variety of factors, including operational results, cash flow, financial health, and the overall market landscape. This approach underscores ARMOUR's strategic planning as they adapt to potential opportunities and challenges in the sector.
About ARMOUR Residential REIT, Inc.
ARMOUR specializes in investments focused primarily on residential mortgage-backed securities, which are fixed-rate, adjustable-rate, and hybrid securities. These investments are either issued directly or guaranteed by government-sponsored entities or by the Government National Mortgage Association. The team's external management and advisory is provided by ARMOUR Capital Management LP, a firm registered with the SEC, ensuring compliance and strategic direction.
Forward-Looking Statements
While the company's forecasts might include forward-looking statements aligned with the U.S. Private Securities Litigation Reform Act of 1995, actual results can deviate from these projections. It is essential for stakeholders to recognize the inherent risks and uncertainties that might affect the company's performance, and to consider these variables when assessing their investment strategies.
Investing with ARMOUR: Additional Resources
Individuals seeking more information about ARMOUR Residential REIT, Inc. can access further details through various online platforms, including the SEC's website and the official ARMOUR REIT website. Such resources can provide insights into the company's financial health and strategic pursuits.
Investor Relations Contact
For further inquiries, interested parties can reach out to:
Gordon Harper
Chief Financial Officer
ARMOUR Residential REIT, Inc.
(772) 617-4340
Frequently Asked Questions
What is the upcoming dividend rate for ARMOUR for October 2024?
The dividend rate for October 2024 is set at $0.24 per common share.
When will the dividend be paid out?
The payment date for the upcoming dividend is scheduled for October 30, 2024.
What factors influence ARMOUR's dividend declarations?
The board of directors considers various factors, including financial performance, cash flows, and market conditions when declaring dividends.
How does ARMOUR maintain its REIT status?
ARMOUR maintains its REIT status by distributing substantially all of its ordinary taxable income each year.
Who manages ARMOUR's investments?
ARMOUR’s investments are managed and advised by ARMOUR Capital Management LP, which is registered with the Securities and Exchange Commission.
About Investors Hangout
Investors Hangout is a leading online stock forum for financial discussion and learning, offering a wide range of free tools and resources. It draws in traders of all levels, who exchange market knowledge, investigate trading tactics, and keep an eye on industry developments in real time. Featuring financial articles, stock message boards, quotes, charts, company profiles, and live news updates. Through cooperative learning and a wealth of informational resources, it helps users from novices creating their first portfolios to experts honing their techniques. Join Investors Hangout today: https://investorshangout.com/
Disclaimer: The content of this article is solely for general informational purposes only; it does not represent legal, financial, or investment advice. Investors Hangout does not offer financial advice; the author is not a licensed financial advisor. Consult a qualified advisor before making any financial or investment decisions based on this article. The author's interpretation of publicly available data shapes the opinions presented here; as a result, they should not be taken as advice to purchase, sell, or hold any securities mentioned or any other investments. The author does not guarantee the accuracy, completeness, or timeliness of any material, providing it "as is." Information and market conditions may change; past performance is not indicative of future outcomes. If any of the material offered here is inaccurate, please contact us for corrections.
Related Articles
- Metagenomi Inc. Shareholders: Important Class Action Update
- Investors Alert: CAE Inc. Securities Class Action Insights
- MacKenzie Realty Capital Declares Regular Quarterly Dividend
- Investors of Metagenomi, Inc. Can Join Class Action Suit
- GitLab Inc. Investors: Important Class Action Information
- WM Technology, Inc. Investors Urged to Explore Class Action Options
- PUDO Inc. Showcases Impressive Revenue Growth in Q2 FY 2025
- IperionX Limited Reports Annual Performance and Future Plans
- Worlds Inc. Part Ways with Director Jordan Freeman
- Fairholme Focused Income Fund Declares Important Dividend Update
Recent Articles
- Tejon Ranch Co. Welcomes Nick Ortiz as New Senior VP
- Aquafil S.p.A. Engages Investors at the Upcoming Conference
- Royal Gold to Showcase Insights at Upcoming Virtual Event
- Waterstone Financial Approves New Quarterly Dividend for Shareholders
- Revolutionizing Men's Grooming: The Chairman Pro Shaver and Kit
- Wave Life Sciences Seeks Funding Through Public Share Offering
- Aptar Pharma Enhances Manufacturing Capacity in North America
- Jeffs' Brands Expands Fort's Reach with solid European Sales Growth
- Asana Welcomes Sonalee Parekh as New CFO to Drive Growth
- Trinity Biotech Expands Maternal Health Solutions with Acquisition
- Primerica Appoints Robert H. Peterman Jr. as COO
- Understanding Nvidia's Recent Stock Surge and CEO Insights
- BlackSky Technology Inc. Public Offering Announcement Insights
- Elcora Update: Progress on Management Cease Trade Order
- Upcoming Third Quarter Results Announcement by Medpace Holdings
- ParaZero Advances with $187K Drone Safety Order for Production
- SMART Global Holdings Set to Host Fiscal 2024 Q4 Earnings Call
- Detailed Analysis of Recent Nasdaq Short Interest Trends
- Werner Enterprises Plans Third Quarter Earnings Call Soon
- KB Home Sees Growth in Q3 2024 Amid Economic Challenges
- Stitch Fix Reports Q4 and Full-Year 2024 Financial Highlights
- Virtus Total Return Fund Inc. Announces New Distribution Information
- Lyell Immunopharma's Innovative Approaches Unveiled at Event
- CIT Bank Platinum Savings: A Smart Savings Choice for 2024
- LifeMD, Inc. Approves Dividend for Preferred Stockholders
- Investigation into Rentokil Initial plc: What Investors Should Know
- Aviat Networks Under Scrutiny: Investigation Launched for Investors
- Join Phillips Edison & Company for Their Upcoming Earnings Call
- Fulcrum Therapeutics Under Scrutiny: Investor Alert Announced
- Matrix Service Company Enhances Sustainability Efforts for 2024
- Class Action Opportunity for Taro Pharmaceutical Investors
- Investigation Launched Into Flux Power Holdings for Accounting Errors
- AMMO, Inc. Welcomes New CFO Amid Investigative Changes
- Explore the Top High Yield Savings Options for Your Needs
- BNY Mellon High Yield Strategies Fund Announces Cash Dividend
- Understanding the Challenges Faced by Modern Parents Today
- Axos Financial, Inc. Set to Release Q1 Fiscal 2025 Earnings Results
- Explore the Top Online Savings Accounts for 2024 Choices
- Bobbie Grafeld Joins BILL as Chief People Officer to Drive Growth
- Marygold Companies Raises Funding to Advance Fintech Rollout
- Rithm Capital Corp. Launches Major Common Stock Offering
- Fraud Allegations Prompt Class Action Against Outset Medical, Inc.
- Exploring the Growth of Silicones Market Across Industries
- Cuyahoga Valley National Park Fundraiser Celebrates Achievements
- Understanding the Recent Developments Surrounding Caleres, Inc.
- TEPEZZA® Approval in Japan Marks a New Era for Thyroid Eye Disease Treatment
- GDT Strengthens Global Presence with Strategic Acquisition
- Lightwave Logic and Polariton Technology Unveil Groundbreaking Modulators
- Lifeway Foods Evaluates Acquisition Proposal from Danone
- Renibus Therapeutics to Engage with Investors at Key Conferences