ARR has been in the news 500% more than usual
Jul 24, 2024, 10:33 PM
-3.26%
What does ARR do
ARMOUR Residential REIT Inc, a US-based company specializing in residential mortgage-backed securities, is headquartered in Vero Beach, Florida and went public in 2007. The REIT primarily invests in securities issued or guaranteed by U.S. Government-sponsored entities, focusing on fixed rate and adjustable-rate loans, and is managed by ARMOUR Capital Management LP.
ARR has been in the news recently: ARMOUR Residential REIT, Inc. will host its Q2 2024 earnings call on July 25, 2024, following the release of its financial results on July 24, 2024, and reported a net loss of $51.3 million with a book value per share of $20.30. Additionally, the company will pay a cash dividend of $0.24 to shareholders on August 29, 2024, for those recorded by August 15, 2024.
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