ARR-C ARMOUR Residential REIT, Inc. 7% Series C Cumulative Preferred

We will pay monthly cumulative dividends on the Series C Preferred Stock on the 27th day of each month (provided that if any dividend payment date is not a business day, then the dividend which would otherwise have been payable on that dividend payment date may be paid on the next succeeding business day) when, as and if declared by our board of directors, from, and including, the date of original issuance at 7.00% of the $25.00 per share liquidation preference per annum (equivalent to $1.75 per annum per share). On or after January 28, 2025 we may, at our option, upon no less than 30 nor more than 60 daysí written notice, redeem any or all of the shares of the Series C Preferred Stock for cash at $25.00 per share plus any accumulated and unpaid dividends to, but not including, the redemption date.   This security was issued by Armour Residential REIT Inc, whose common stock symbol is ARR.

$21.49  -0.03 (-0.14%)
As of 01/26/2023 15:24:22 EST     IEX book   CBOE book

Security Information
Category1:  US Equity
Category2:  Preferred stocks
Category3:  Non-convertible
GICS sector:  Financials
Industry:  REITóMortgage
Index country:  USA
Country of incorporation:  USA
IPO date:  01/29/2020
Outstanding shares:  6,550,000
Average volume:  20,025
Market cap:   $142,135,000
Current dividend yield:  8.06%    calculation
Coupon rate:    7.000%
Cumulative:    Yes
Liquidation value:   $25.00
Callable after:   01/28/2025
Maturity date:    n/a - perpetual
Prospectus:    Read on
All SEC filings:     SEC Edgar Online
Quarterly filings:   10-Q
Annual filings:      10-K
Sedol:      BL71KR9

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