$ARR

Real estate stocks declined as the Fed raised interest rates, pushing mortgage rates to nearly 7%. The S&P 500 Real Estate Sector Index fell 2.3%, with residential REITs down 4.8%. Zillow (Z) dropped 10% after a court ruling, while Alexandria Real Estate Equities (ARE) gained 4.2%. Several joint ventures were announced, including one by Realty Income (O) in Europe and another by Digital Realty (DLR) in Türkiye.

Mortgage REITs face challenges due to narrowing interest rate spreads, impacting dividend coverage. Dynex Capital (DX) reported $0.36 EAD covering its $0.51 payout, while ARMOUR Residential (ARR) has 1.0x coverage. Orchid Island (ORC), AGNC (AGNC), Invesco Mortgage (IVR), and Arbor Realty (ABR) also face dividend sustainability concerns.

STATON DANIEL C (Chairman of the Board) sold 35,583 indirectly-held shares of Armour Residential REIT, Inc. (ARR) at $15.86 ($0.56M total) on 2026-09-10.

Orchid Island Capital (ORC) cut its dividend to $1.20 annually, citing portfolio earnings and hedging risks. ARMOUR Residential REIT (ARR) maintained its $0.24 monthly dividend, with CEO Scott Ulm emphasizing stability. AGNC Investment (AGNC) has paid 12 cents per share for 75 consecutive months. All three companies offer high-yield dividends, but tax implications vary significantly between Roth and taxable accounts.

Mortgage REITs face challenges with high yields but declining book values. AGNC (AGNC) reported Q2 2026 distributable EPS of $0.40, with a $0.36 quarterly dividend. Orchid Island (ORC) reduced its dividend, and ARMOUR (ARR) is at breakeven. Invesco (IVR) missed earnings estimates, while New York Mortgage (NYMT) raised its dividend despite losses. Granite Point (GPMT) reported negative distributable earnings and a book value decline.

Dynex (DX) leads with a raised dividend and 96% 10-year gain, ARMOUR (ARR) offers steady monthly payments, and Orchid Island (ORC) has the highest yield but a history of cuts. All three are mortgage REITs using leverage on government-backed bonds to generate high monthly yields, but face volatility risks.

Dynex (DX) leads three mortgage REITs with a raised dividend and 96% 10-year gain, while ARMOUR (ARR) offers steady $0.24 monthly payments. Orchid Island (ORC) has the highest yield but a history of dividend cuts. All use leverage on government-backed bonds for high yields, but face volatility risks. Dynex reported Q2 earnings beat, ARMOUR reaffirmed dividend, and Orchid showed book value recovery.

Armour Residential REIT, Inc. (ARR) filed an SEC Form 8-K — Entry into a Material Definitive Agreement. EX-99.1 5 julyprosuppexhibit991.htm EX-99.1 Document Exhibit 99.1 MATERIAL U.S. FEDERAL INCOME TAX CONSIDERATIONS This section summarizes the material U.S. federal income tax considerations that (i) apply to you, as a Holder (as defined in the immediately succeeding paragraph) of

ARMOUR Residential REIT (NYSE:ARR) reported Q2 call highlights. CEO Scott Ulm said ARMOUR raised about $218.7 million in Q2 via an ATM issuance of ~12.7 million common shares, plus $4.1 million from preferred shares. The portfolio grew to over $22 billion, with agency MBS, agency CMBS and Treasuries. Net duration near zero and OIS/SOFR hedges were emphasized.

Armour Residential REIT, Inc. (ARR) filed an SEC Form 8-K — Results of Operations and Financial Condition. EX-99.1 2 q22026earningspressrelease.htm EX-99.1 Document ARMOUR RESIDENTIAL REIT, INC. ANNOUNCES Q2 RESULTS AND JUNE 30, 2026 FINANCIAL POSITION VERO BEACH, Florida -- July 22, 2026 -- ARMOUR Residential REIT, Inc. (NYSE: ARR and ARR PRC) (“ARMOUR” or the “Company”) today announ