Company Description
ARMOUR Residential REIT, Inc. invests in residential mortgage-backed securities (MBS) in the United States.
Its securities portfolio primarily consists of the United States Government-sponsored entity's (GSE) and the Government National Mortgage Administration’s issued or guaranteed securities backed by fixed rate, hybrid adjustable rate, and adjustable-rate home loans; and unsecured notes and bonds issued by the GSE and the United States treasuries, as well as money market instruments.
The company has elected to be taxed as a real estate investment trust. As a result, it would not be subject to corporate income tax on that portion of its net income that is distributed to shareholders.
ARMOUR Residential REIT, Inc. was incorporated in 2008 and is based in Vero Beach, Florida.
Country | United States |
Founded | 2008 |
Employees | 5 |
CEO | Scott Ulm |
Contact Details
Address: 3001 Ocean Drive, Suite 201 Vero Beach, Florida 32963 United States | |
Phone | 772 617 4340 |
Website | armourreit.com |
Stock Details
Ticker Symbol | ARR.PRC |
Exchange | NYSE |
Stock Type | Preferred Stock |
Fiscal Year | January - December |
Reporting Currency | USD |
Key Executives
Name | Position |
---|---|
Scott Ulm | Chief Executive Officer |
Gordon Harper | Chief Financial Officer |