ARMOUR Residential REIT, Inc. filed a Current Report on Form 8-K dated September 11, 2026, to disclose an update on its financial position and operations. The filing includes a presentation dated September 11, 2026, which outlines the company's portfolio composition, leverage metrics, and dividend information for September 2026.
The company reported a total portfolio market value of $22.665 billion as of August 31, 2026. The portfolio is primarily composed of agency mortgage-backed securities, with 87.4% invested in 30-year fixed-rate pools and 6.5% in agency commercial mortgage-backed securities (CMBS). The remainder consists of Ginnie Mae securities, UMBS (Uniform Mortgage-Backed Securities), and US Treasury Longs.
Regarding leverage and capital structure, the company reported a debt-to-equity ratio of 7.5 and an implied leverage of 7.9. The company reported liquidity of $1.334 billion, representing 50% of total capital. This liquidity is comprised of cash and unencumbered Agency and US Government securities.
In terms of financing, the company utilizes repurchase agreements for funding. The total principal borrowed in repo positions was $19.762 million, with 50% of these positions held with BUCKLER Securities LLC, an affiliate of ARMOUR, and the remaining 50% with all other counterparties. The weighted average original term for these positions was 47 days.
The company also disclosed its interest rate swap positions, with a total notional amount of $17.029 million and a weighted average remaining term of 52 months. The weighted average rate on these swaps was 2.87%.
Regarding dividends, the company announced a common dividend of $0.24 per share for September 2026. The ex-dividend date and record date are set for September 15, 2026, with the dividend payable on September 29, 2026. As of the report date, the common stock price was $16.22, resulting in a current dividend yield of 17.8%.
