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Stock impact report

ARMOUR Residential REIT, Inc. Announces Guidance for April 2024 Dividend Rate Per Common Share

ARMOUR Residential REIT, Inc. (ARR) 
US:NYSE Investor Relations: armourreit.com
Company Research Source: GlobeNewswire
VERO BEACH, Florida, March 25, 2024 (GLOBE NEWSWIRE) -- ARMOUR Residential REIT, Inc. (NYSE: ARR and ARR-PRC) (“ARMOUR” or the “Company”) today announced guidance on the April 2024 cash dividend for the Company's Common Stock of $0.24 per Common share. April 2024 Common Stock Dividend Information Month Dividend Holder of Record Date Payment DateApril 2024 $0.24 April 15, 2024 April 29, 2024 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. Actual dividends are determined at the discretion of the Company’s board of directors, which may consider additional factors including the Company’s results of operations, cash flows, financial condition and ca Show less Read more
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