other material
confidence high
sentiment neutral
materiality 0.35
ARMOUR Residential REIT April 2025 update; debt-equity 7.3x; declares $0.24 May dividend
Armour Residential REIT, Inc.
- Common stock price $17.10, debt-equity 7.3x, implied leverage 7.9x; total liquidity $848M (50% of total capital).
- May 2025 common dividend $0.24 per share, ex-dividend date 05/15/2025, pay date 05/29/2025.
- Total portfolio value $15.36B, 90.7% in 30-year fixed rate pools; effective durations provided per coupon.
- Repo borrowings $13.0B; 47.4% from BUCKLER Securities LLC; weighted average remaining term 27 days.
- Interest rate swap notional $8.38B, weighted average rate 2.00%, weighted average remaining term 68 months.