other material
confidence high
sentiment neutral
materiality 0.50
ARMOUR Feb 2026 update: $20.98B portfolio, debt-equity 7.5x, $0.24/share dividend
Armour Residential REIT, Inc.
- Portfolio market value $20.98B as of 1/31/26; debt-equity 7.5x, implied leverage 7.8x.
- Liquidity $1.32B (54% of total capital); repo financing $18.14B, 45.1% from BUCKLER Securities.
- March monthly common dividend $0.24/share; ex-div 3/16/26, pay date 3/30/26; yield 16.6%.
- Interest rate swaps notional $12.78B, weighted avg rate 2.49%, avg remaining term 51 months.
- Portfolio 94.9% agency MBS (89.4% 30yr fixed-rate pools) plus 2.7% net TBA positions.