The REIT maintains its monthly payout at $0.1458 per share, reflecting an 8.38% forward yield for the 7% Series C preferred stock.
ARMOUR Residential REIT Inc. announced a $0.1458 per share monthly dividend for its 7% Series C cumulative preferred stock (ARR.PR.C), unchanged from the previous payout. The dividend corresponds to an 8.38% forward yield based on current pricing.
The dividend is payable on July 27 to shareholders of record as of July 15, with an ex-dividend date also set for July 15. A second payment date of August 27 was noted for shareholders of record on August 15, with the same ex-dividend date.
The consistent payout aligns with the REIT’s prior distributions, signaling stability in its preferred share dividend policy.