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Stock impact report

ARMOUR Residential REIT, Inc. Reports Financial Results for the Quarter Ended June 30, 2019

ARMOUR Residential REIT, Inc. (ARR) 
US:NYSE Investor Relations: armourreit.com
Company Research Source: GlobeNewswire
VERO BEACH, Florida, July 24, 2019 (GLOBE NEWSWIRE) -- ARMOUR Residential REIT, Inc. (NYSE: ARR, ARR-PACL, and ARR-PB) (“ARMOUR” or the “Company”) today announced financial results for the quarter ended June 30, 2019. Q2 2019 Highlights and Financial Information? $(183.2) million ($(3.14) per Common share) net loss under Generally Accepted Accounting Principles (“GAAP”) based on 59,654,091 weighted average diluted Common shares outstanding? $41.9 million ($0.63 per Common share) Core Income including “Drop Income” (as defined below), which represents an annualized return of 11.3% based on stockholders’ equity at the beginning of the quarter? $0.57 per Common share dividends for Q2 at the rate of $0.19 per month? Core Income exceeded dividends paid for the twelfth straight quarter? 625,000 Common shares repurchased; current remaining repurchase authorization of 8,625,000 shares? 2,180,572 issued and outstanding shares of 8.250% Series A Cumulative Redeemable Preferred Stock ("Series Show less Read more
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