Armour Residential REIT Declares $0.24 Monthly Dividend for May 2026
Armour Residential REIT, Inc. (NYSE: ARR), a mortgage REIT focused on agency securities, announced a $0.24 per share common dividend for May 2026. The dividend yields 17.3% based on the current stock price of $16.68.
Armour Residential REIT, Inc. (NYSE: ARR), a mortgage REIT specializing in agency mortgage-backed securities, declared a monthly common dividend of $0.24 per share for May 2026. The dividend maintains the company's regular monthly distribution to shareholders. Read more dividend announcements.
Based on the current common stock price of $16.68, the dividend represents an annualized yield of 17.3%. The payment will go to shareholders of record as of May 15, 2026, with the stock trading ex-dividend on the same date.
| Dividend Details | Date |
|---|---|
| Amount | $0.24 per share |
| Record Date | May 15, 2026 |
| Ex-Dividend Date | May 15, 2026 |
| Payment Date | May 28, 2026 |
Portfolio Composition
As of March 31, 2026, Armour held a $21.1 billion portfolio with 30-year fixed-rate mortgage pools comprising 86.4% of total holdings. The company's portfolio carried an implied leverage ratio of 8.2 times and debt-to-equity of 7.9 times.
Conventional 30-year MBS represented 84.0% of the portfolio at $17.7 billion in market value. The largest single position was 30-year 5.5% coupon securities at $5.1 billion, or 24.2% of the portfolio. Agency CMBS accounted for 6.2% of holdings at $1.3 billion.
The REIT maintained $1.1 billion in liquidity, representing 48% of total capital. The company had $18.5 billion in repurchase agreements outstanding, with 43.4% provided by affiliate BUCKLER Securities LLC and 56.6% from other counterparties.
Financing and Hedging
Armour's repo financing carried a weighted average remaining term of 21 days, with the longest maturity at 114 days. The company held $12.9 billion in notional interest rate swaps with a weighted average remaining term of 50 months at a 2.52% rate.
The company's market capitalization stood at $2.1 billion as of the first quarter 2026. Armour is externally managed by ARMOUR Capital Management LP, a registered investment advisor.