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Get filing alertsArmour Residential declares $0.24 August dividend, discloses 7.5x leverage on $21.8B portfolio
Filed July 22, 2026 · Period ending July 22, 2026 · ~1 min read
Key Changes
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Declared $0.24/share common dividend for August 2026 (ex-date 8/17, pay date 8/28), representing 16.5% annualized yield at $17.45 stock price
Exhibit 99.1 view on EDGAR → -
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Portfolio totaled $21.8B with 7.5x debt-to-equity leverage and $1.2B liquidity (47% of capital); 89.2% in 30-year agency MBS, largest position in 5.5% coupons (26.8%)
Exhibit 99.1 view on EDGAR → -
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Repo financing split 46.8% with affiliated BUCKLER Securities ($9.1B) and 53.2% with other counterparties ($10.3B), weighted average 24-day term
Exhibit 99.1 view on EDGAR → -
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Maintained $15.9B notional in interest rate swaps, 52-month weighted average term at 2.78% rate to hedge duration risk
Exhibit 99.1 view on EDGAR →
Summary
Armour Residential disclosed its August 2026 common dividend of $0.24 per share alongside updated portfolio metrics in a Regulation FD presentation. The monthly payout yields 16.5% annualized at the disclosed stock price of $17.45, consistent with the mREIT's high-yield distribution profile.
The company's $21.8 billion portfolio remains concentrated in 30-year agency MBS (89.2%), with the largest single position in 5.5% coupons representing over a quarter of assets. Leverage stands at 7.5x debt-to-equity with $1.2 billion in liquidity, nearly half of total capital.
Repo financing is split roughly evenly between affiliated BUCKLER Securities and external counterparties, with a short 24-day weighted average term that requires frequent refinancing. The $15.9 billion interest rate swap book hedges duration risk at a 2.78% weighted average rate. For income-focused holders, the filing confirms the August distribution and provides transparency into the leveraged agency MBS strategy driving the yield.
Section-by-Section Diff
Event · Item 7.01 — Regulation FD Disclosure
ARMOUR released a presentation updating its financial position, business, and operations.
Show 1 minor / wording change
Added in current filing · verify on EDGAR →
On July 22, 2026, ARMOUR Residential REIT, Inc. (“ARMOUR”) produced for distribution a presentation, which contains updates on ARMOUR's financial position, business and operations.
ARMOUR released an investor presentation containing updates on its financial position, business, and operations. The presentation is furnished under Regulation FD, meaning it provides material information being disclosed publicly to all investors simultaneously. The 8-K body does not disclose specific financial metrics or operational details from the presentation.
Event · Exhibit 99.1
ARR disclosed Q2 2026 portfolio composition, leverage metrics, and August 2026 common dividend of $0.24/share.
Added in current filing · view on EDGAR →
Total Portfolio 100.0% 21,787 ... Common Stock Price ($) 17.45 | Debt-Equity (1) | 7.5 | Implied Leverage (2) | 7.7 | Liquidity (3) (in millions) | 1,222.2 | Liquidity as Percentage of Total Capital | 47 % | Q2 2026 Market Cap (in millions) | 2,379.7
As of June 30, 2026, ARR's portfolio totaled $21.8 billion in market value with debt-to-equity leverage of 7.5x and implied leverage of 7.7x. The company held $1.2 billion in liquidity representing 47% of total capital. The portfolio consisted primarily of 30-year fixed-rate agency MBS (89.2%) and agency CMBS (5.4%), with the largest concentration in 30-year 5.5% coupons (26.8% of portfolio).
Added in current filing · view on EDGAR →
Total | 15,889 | 52 | 2.78
ARR maintained $15.9 billion notional in interest rate swaps with a weighted average remaining term of 52 months and a weighted average rate of 2.78%. The largest concentration was in the 25-36 month maturity bucket ($3.6 billion notional at 3.56% weighted average rate).
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Figures/quotes linked to EDGAR · Narrative written by AI · Jul 28, 2026 · How we verify