other material
confidence high
sentiment neutral
materiality 0.40
ARMOUR REIT Oct update: $0.24 November dividend, 20.8% yield, $21.3B portfolio
Armour Residential REIT, Inc.
- November 2026 common dividend of $0.24/share, payable 11/27/2026 to holders of record 11/16/2026; current dividend yield 20.8%.
- Portfolio market value $21.27B at 9/30/26: 94.0% agency MBS ($19.99B), including 30yr fixed 88.2% ($18.76B); net TBA 3.8%, Treasury longs 2.2%.
- Leverage: debt-to-equity 8.2x, implied leverage 8.4x; liquidity $1.02B, 43% of total capital; market cap $2.05B; stock price $13.83.
- Repo borrowings $19.38B, with 49.8% ($9.64B) from BUCKLER Securities; weighted average remaining term 13 days, longest maturity 29 days.
- Interest rate swaps total $16.95B notional, weighted average remaining term 56 months and weighted average rate 2.93%.