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Stock impact report

ARMOUR Residential REIT, Inc. Confirms May 2020 Dividend of $0.14583 Per Series C Preferred Share

ARMOUR Residential REIT, Inc. (ARR) 
US:NYSE Investor Relations: armourreit.com
Company Research Source: GlobeNewswire
VERO BEACH, Florida, April 30, 2020 (GLOBE NEWSWIRE) -- ARMOUR Residential REIT, Inc. (NYSE: ARR and ARR-PRC) (“ARMOUR” or the “Company”) today confirmed the May 2020 cash dividend for the Company's Series C Preferred Stock. May 2020 Series C Preferred Stock Dividend Information Month Dividend Holder of Record Date Payment DateMay 2020 $0.14583 May 15, 2020 May 27, 2020 Common Stock ARMOUR previously announced that the Company will move to a quarterly dividend on its common stock for the second quarter of 2020. The Company expects to announce its decision regarding the amount of second quarter dividends on common stock in the latter part of June 2020 as well as whether the Company will return to its prior monthly dividend policy. Certain Tax Matters ARMOUR has elected to be taxed as a real estate investment trust (“REIT”) for U.S. Federal income tax purposes. In order to maintain this tax status, ARMOUR is required to timely distribute substantially all of its ordinary Show less Read more
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