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Jun 30, 2020
ARMOUR Residential REIT Q2 2020 Earnings Report
ARMOUR Residential REIT reported second quarter financial results, transitioned its portfolio to focus exclusively on agency-guaranteed mortgage backed securities, and resumed monthly common stock dividends.
Key Takeaways
ARMOUR Residential REIT announced its second quarter 2020 financial results, reporting a comprehensive income of $23.4 million, which translates to $0.33 per common share, and a core income of $14.8 million, or $0.19 per common share. The company's portfolio transition focused on agency-guaranteed mortgage backed securities was substantially completed, and monthly common stock dividends were resumed with a $0.09 per share dividend paid on June 29, 2020.
Comprehensive Income was $23.4 million, representing $0.33 per common share.
Core Income was $14.8 million, representing $0.19 per common share.
Monthly common stock dividends were resumed with a $0.09 per share dividend paid on June 29, 2020.
The company acquired $2.4 billion of Agency MBS and $650 million of TBA Securities during the quarter.
Historical Earnings Impact
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Avg. Return Before/After Earnings
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