ARMOUR Residential REIT reported a GAAP net income available to common stockholders of $62.9 million, or $1.21 per common share, and distributable earnings available to common stockholders of $52.0 million, or $1.00 per common share, for Q3 2024.
GAAP net income available to common stockholders was $62.9 million, or $1.21 per common share.
Distributable Earnings available to common stockholders was $52.0 million, or $1.00 per common share.
Liquidity, including cash and unencumbered agency and U.S. government securities, totaled $667.4 million.
Agency mortgage-backed securities portfolio totaled $12.4 billion.
ARMOUR's Board of Directors 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.
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