VERO BEACH, Fla., July 3, 2023 (Globe Newswire) — ARMOR Residential REIT, Inc.New York Stock Exchange: Arrivals and ARR-PRC) (“ARMOUR” or the “Company”) today confirmed cash for July 2023 dividend The third quarter 2023 monthly cash dividend rate for our common stock and our Series C preferred stock.
July 2023 Information about common stock dividends
Month | dividend | As Of Date Owner | Payment date | ||||
July 2023 | $0.08 | July 17, 2023 | July 28, 2023 |
Q3 2023 Series C Preferred Stock Dividend Information
Month | dividend | As Of Date Owner | Payment date | ||||
July 2023 | $0.14583 | July 15, 2023 | July 27, 2023 | ||||
August 2023 | $0.14583 | August 15, 2023 | August 28, 2023 | ||||
September 2023 | $0.14583 | September 15, 2023 | September 27, 2023 |
Specific tax matters
ARMOR has elected to be taxed as a real estate investment trust (“REIT”) for US federal income tax purposes. To maintain this taxable status, ARMOR must timely distribute substantially all of its regular REIT taxable income.Dividends paid in excess of current taxes income And that year’s earnings are generally not taxed to common shareholders. The actual dividend will be determined at the discretion of our Board of Directors, which will consider additional factors including our operating results, cash flow, financial condition, capital requirements, current market conditions, anticipated opportunities and other relevant factors. there is.
About Armor Residential REIT Investment Corporation
ARMOR invests primarily in fixed rate mortgage securities, floating rate and hybrid adjustable rate mortgage backed securities issued or guaranteed by US government-sponsored companies or insured by the government National Mortgage Association. ARMOR is externally managed and advised by ARMOR Capital Management LP, an investment advisor registered with the Securities and Exchange Commission (“SEC”).
safe harbor
This press release contains “forward-looking statements” within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Actual results may differ from expectations, estimates and forecasts and should not be relied upon. Forward-looking statements as predictions of future events. “expect”, “estimate”, “plan”, “budget”, “forecast”, “anticipate”, “intend”, “plan”, “may”, “will” , “could”, “should” and other words such as “believe”, “predict”, “could”, “continue”, and similar expressions indicate such future It is intended to identify forward-looking statements. These forward-looking statements involve significant risks and uncertainties that could cause actual results to differ materially from expected results. We reserve the right to update or revise any forward-looking statements, except as required by law, to reflect changes in our expectations or changes in events, conditions or circumstances on which such statements are based. We are not obligated to publish it.
Additional Information and Where to Find It
Investors, security holders and other interested parties may find additional information about the Company on the SEC’s Internet site. www.sec.govor our website (below) www.armourreit.comor send your request to: ARMOR Residential REIT, Inc., 3001 Ocean Drive, Suite 201, Vero Beach, Florida 32963, Note: Investor Relations.
Investor contact:
James R. Mountain
CFO
Armor Residential REIT Investment Corporation
(772) 617-4340