other material
confidence high
sentiment neutral
materiality 0.50
ARMOUR Residential REIT monthly update: $21.1B portfolio, 17.3% div yield, 8.2x leverage
Armour Residential REIT, Inc.
- Common stock price $16.68, debt-equity 7.9x, implied leverage 8.2x, liquidity $1,119M (48% of total capital).
- May 2026 common dividend $0.24/share (ex-div 5/15/26, pay 5/28/26), current dividend yield 17.3%.
- Total portfolio market value $21,072M; 92.5% agency MBS, 4.7% US Treasury longs, 2.8% net TBA positions.
- Repo financing $18,464M total; 43.4% from BUCKLER Securities LLC; weighted average remaining term 21 days.
- Interest rate swaps notional $12,899M at weighted avg rate 2.52%, average remaining term 50 months.