ARMOUR Residential REIT reported a net income of $108.7 million for Q4 2019, with core income, including drop income, reaching $36.5 million. The company's total comprehensive income was $58.5 million, and stockholders' equity per common share increased to $20.84. Dividends paid for Q4 were $0.51 per common share, and core income exceeded dividends for the fourteenth consecutive quarter.
Total comprehensive income was $58.5 million, or $0.93 per common share.
Net income under GAAP reached $108.7 million, or $1.78 per common share.
Core Income, including Drop Income, was $36.5 million, or $0.55 per common share.
Stockholders’ equity per Common share increased to $20.84, a 2.0% increase from the previous quarter.
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