other material
confidence high
sentiment neutral
materiality 0.50
ARMOUR November 2025 update: $18.8B portfolio, 7.7x leverage, $0.24 monthly dividend
Armour Residential REIT, Inc.
- Portfolio $18.8B (Oct 31, 2025); 98.7% agency MBS, 1.3% UST long positions.
- Debt-equity 7.7x, implied leverage 7.9x; total liquidity $1.16B (53% of total capital).
- Monthly dividend $0.24 (17.8% yield); ex-date Nov 17, pay Nov 28.
- Repo: $16.8B outstanding; BUCKLER 42.4% of repo; weighted avg remaining term 28 days.
- Interest rate swaps $11.2B notional, 2.35% avg rate, 53-month avg remaining term.