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SEC filingARMOUR Residential REIT extended its management agreement with ARMOUR Capital Management LP by 3.25 years to March 31, 2033, and confirmed April 2026 common stock dividend of $0.24 per share and Q2 Series C preferred dividends.
The extension of the management agreement secures continuity in external management by ARMOUR Capital Management LP through March 31, 2033, providing investors with stability in the oversight of ARMOUR's mortgage asset portfolio without alterations to fee structures, termination rights, or other operational terms. This amendment replaces the prior version from 2023, reflecting ongoing alignment between the REIT and its manager. Concurrently, the confirmation of the $0.24 monthly common dividend and $0.14583 Series C preferred dividends underscores commitment to shareholder distributions, essential for maintaining REIT tax status by distributing taxable income. These payouts, with record and payment dates in April-June 2026, align with prior guidance and support income-focused investor expectations amid the company's focus on agency mortgage-backed securities.