ARMOUR Residential REIT Sets $0.24 March Dividend with March 16 Record Date
ARMOUR Residential REIT declared a $0.24 per share cash dividend for March 2026 with a record date of March 16 and payment on March 30, 2026. This distribution helps maintain the company's REIT tax status by distributing substantially all taxable income.
1. March 2026 Dividend Details
ARMOUR Residential REIT’s board approved a $0.24 per common share cash dividend for March 2026. The holder of record date is March 16, 2026, and the payment date is scheduled for March 30, 2026.
2. REIT Tax Requirements
As a REIT, the company must distribute substantially all of its ordinary taxable income to maintain its preferential U.S. Federal income tax status. Dividends paid beyond current year earnings and profits are generally not taxable to common stockholders.
3. Company Business Profile
ARMOUR Residential REIT invests primarily in fixed-rate, adjustable-rate and hybrid residential mortgage-backed securities issued or guaranteed by U.S. Government-sponsored enterprises or backed by the Government National Mortgage Association. The company is externally managed by ARMOUR Capital Management LP.