ARMOUR Residential REIT, Inc. Announces February 2016 Dividend Rate Per Common Share
28 January 2016 - 9:55PM
ARMOUR Residential REIT, Inc. (NYSE: ARR, ARR PrA and ARR PrB)
(“ARMOUR” or the “Company”) today announced the February 2016 cash
dividend rate for the Company’s Common Stock.
February 2016 Common Stock Dividend
Information
Month |
|
Dividend |
|
Holder of Record Date |
|
Payment Date |
February
2016 |
|
$ |
0.33 |
|
|
February
15, 2016 |
|
February
26, 2016 |
Certain Tax MattersARMOUR 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 REIT taxable income. Accordingly, ARMOUR may
increase the amount of one or more announced dividends before the
applicable record date or may declare supplemental dividends, if
necessary, to meet this tax requirement. Dividends paid in excess
of REIT taxable income for a fiscal year (including any taxable
income carried forward from the previous year) will generally not
be taxable to stockholders.
About ARMOUR Residential REIT,
Inc.ARMOUR is a Maryland corporation that invests
primarily in fixed rate residential, adjustable rate and hybrid
adjustable rate mortgage-backed securities issued or guaranteed by
U.S. Government-sponsored enterprises, or guaranteed by the
Government National Mortgage Association. ARMOUR is externally
managed and advised by ARMOUR Capital Management LP, an investment
advisor registered with the Securities and Exchange Commission
(“SEC”).
Safe HarborThis press release
includes “forward-looking statements” within the meaning of the
safe harbor provisions of the United States Private Securities
Litigation Reform Act of 1995. Actual results may differ from
expectations, estimates and projections and, consequently, you
should not rely on these forward-looking statements as predictions
of future events. Words such as “expect,” “estimate,” “project,”
“budget,” “forecast,” “anticipate,” “intend,” “plan,” “may” “will,”
“could,” “should,” “believes,” “predicts,” “potential,” “continue,”
and similar expressions are intended to identify such
forward-looking statements. These forward-looking statements
involve significant risks and uncertainties that could cause the
actual results to differ materially from the expected results. The
Company disclaims any obligation to release publicly any updates or
revisions to any forward-looking statement to reflect any change in
its expectations or any change in events, conditions or
circumstances on which any such statement is based, except as
required by law.
Additional Information and Where to Find
ItUpdated information on the Company’s investment,
financing and hedge positions can be found in ARMOUR’s most recent
“Company Update.” ARMOUR posts unaudited and unreviewed Company
updates each month on http://www.armourreit.com. Additional
information regarding the Company can be found at the SEC’s
Internet site at http://www.sec.gov, or by directing requests to:
ARMOUR Residential REIT, Inc., 3001 Ocean Drive, Suite 201, Vero
Beach, Florida 32963, Attention: Investor Relations.
Investor Contact:
James R. Mountain
Chief Financial Officer
ARMOUR Residential REIT, Inc.
(772) 617-4340
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