ARMOUR Residential REIT posts Q2 profit, declares August 2026 common dividend

Mortgage REIT reported $111.5 million in second-quarter profit, 4.8% economic return and book value of $17.53 per share, while maintaining monthly common dividends at $0.24 including an August 28 payment.

Summary

ARMOUR Residential REIT reported unaudited second-quarter 2026 GAAP net income related to common stockholders of $111.5 million, or $0.86 per common share, and total economic return of 4.8%. Book value per common share rose to $17.53 at June 30, 2026 from $17.42 at March 31, while net interest income was $76.8 million and distributable earnings available to common stockholders were $93.2 million, or $0.72 per share. The company said it paid common dividends of $0.24 per share per month in the quarter, including a declared August 2026 cash dividend of $0.24 per common share payable August 28, 2026, to stockholders of record on August 17, 2026. ARMOUR also said it raised $218.7 million through common share issuances and had $1.2 billion of liquidity at quarter-end.

Terms & Concepts
  • Distributable earnings: A non-GAAP earnings measure ARMOUR says its board may consider when assessing common dividend levels.
  • Agency mortgage-backed securities: Home-loan bonds issued or guaranteed by U.S. housing-related agencies or government-backed entities.
  • TBA Agency Securities: Forward-settling agency mortgage-backed securities traded before the specific pools to be delivered are identified.