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Jun 30, 2023
ARMOUR Residential REIT Q2 2023 Earnings Report
ARMOUR Residential REIT announced Q2 2023 results, reporting earnings available to common stockholders of $40.0 million, or $0.20 per common share, and distributable earnings available to common stockholders of $45.4 million, or $0.23 per common share.
Key Takeaways
ARMOUR Residential REIT reported Q2 2023 results, including earnings available to common stockholders of $40.0 million or $0.20 per common share and distributable earnings available to common stockholders of $45.4 million or $0.23 per common share. The company's book value per common share was $5.38 as of June 30, 2023, and liquidity stood at $644.4 million.
Earnings available to common stockholders were $40.0 million, or $0.20 per common share.
Net interest income was $5.8 million.
Distributable Earnings available to common stockholders totaled $45.4 million, representing $0.23 per common share.
Liquidity, including cash and unencumbered agency and U.S. government securities, was $644.4 million.
Forward Guidance
ARMOUR will determine future common dividend rates based on an evaluation of the Company’s results, financial position, real estate investment trust (“REIT”) tax requirements, and overall market conditions as the quarter progresses.
Historical Earnings Impact
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Avg. Return Before/After Earnings
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