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0HHU.LARMOUR Residential REIT, Inc.

Stock·LSE·£

£17,41-0.74%
...
Day High£17,52
Day Low£17,23
Volume7.58K

About

ARMOUR Residential REIT, Inc. is an investment firm primarily focused on the U.S. housing finance market, strategically acquiring residential mortgage-backed securities (MBS). A significant portion of its portfolio comprises securities either issued or guaranteed by U.S. Government-sponsored entities (GSEs) and the Government National Mortgage Administration (GNMA). These specific MBS derive their value from various types of home loans, including fixed-rate, hybrid adjustable-rate, and pure adjustable-rate mortgages. Beyond these, ARMOUR also holds unsecured debt instruments from GSEs, U.S. Treasury securities, and a selection of money market instruments. Furthermore, the REIT diversifies its investments by acquiring other residential mortgage-backed securities where the principal and interest payments are not explicitly guaranteed by government agencies or GSEs. Operating as a real estate investment trust (REIT) under the Internal Revenue Code, the company benefits from a favorable tax structure. This designation allows it to avoid corporate income tax on the net income it distributes to its shareholders. Established in 2008, ARMOUR Residential REIT, Inc. maintains its headquarters in Vero Beach, Florida.

www.armourreit.com

Key Statistics

Market Cap
2.16B
EPS
3.31
Dividend Yield
16.98%
Beta
1.35
P/B
0.74
Return on Equity
14.3%
Sector
Real Estate
Industry
REIT - Mortgage
CEO
Scott Jeffrey Ulm
Employees
0
IPO Date
2018-01-29
Country
US

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