ARMOUR Residential REIT Inc (ARR) Key Developments | Reuters.com
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ARMOUR Residential REIT Inc (ARR)

ARR on New York Consolidated

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29 Jun 2016
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Latest Key Developments (Source: Significant Developments)

ARMOUR Residential REIT Inc to acquire JAVELIN Mortgage Investment Corp
Wednesday, 2 Mar 2016 06:00am EST 

ARMOUR Residential REIT Inc and JAVELIN Mortgage Investment Corp:Says signing of a definitive merger agreement, under which ARMOUR will acquire JAVELIN for consideration to be paid in cash, which would value JAVELIN at 87 pct of its book value, as calculated in accordance with merger agreement including a reduction of $1 mln for JAVELIN's transaction expenses.Says the transaction would value JAVELIN at $7.14 per share.Says transaction is accretive to armour's book value upon closing.Says tender offer does not have any financing condition, as Armour will fund the acquisition with existing cash on hand.Unit of co to acquire shares of JAVELIN for an amount in cash per share equal to 87 percent of book value per share of JAVELIN.Book value per share will be set 10 business days prior to expiration of tender offer.> - JAVELIN will not declare any regular monthly dividends after March during the pendency of the transaction.Using javelin's latest estimated book value per share as of March 1, 2016, deal would value JAVELIN at $84.7 million.  Full Article

ARMOUR Residential REIT Inc increases Q3 2015 stock dividends
Thursday, 18 Jun 2015 07:00am EDT 

ARMOUR Residential REIT Inc:Announces expected increased common stock dividends in Q3 2015.Says Aug. 2015 and Sept. 2015 dividend rates are expected to be set at $0.33 per share.  Full Article

ARMOUR Residential REIT confirms monthly dividend rates for Q2 2015
Thursday, 2 Apr 2015 04:01pm EDT 

ARMOUR Residential REIT:Confirms Q2 2015 monthly cash dividend rate for the company's Common Stock of $0.04, Series A of $0.171875 and Series B Preferred Stock of $0.1640625.Declares April, May and June dividends respectively.Record Dates are April 15, May15 and June 15 respectively.Payable on April 27, May. 27, June 29 respectively.  Full Article

ARMOUR Residential REIT announces expected monthly dividend rate per common share for Q2 2015
Wednesday, 25 Mar 2015 04:05pm EDT 

ARMOUR Residential REIT:Says Q2 2015 expected monthly cash dividend rate for the Company's Common Stock.Declares April, May and June dividends of 0.04.Record Dates are April 15, May15 and June 15.Payable on April 27, May. 27, June 29 respectively.  Full Article

ARMOUR Residential REIT, Inc announces monthly dividend rate per common share for Q1 2015
Monday, 22 Dec 2014 05:00pm EST 

ARMOUR Residential REIT, Inc:Says the Q1 2015 expected monthly cash dividend rate for the Company's Common Stock.Declares Jan. 2015, Feb. 2015, March. 2015 dividends of 0.04.Record Dates are Jan. 15, 2015, Feb. 13, 2015, March 13, 2015.Payable on Jan. 27, 2015, Feb. 27, 2015, March 27, 2015 respectively.  Full Article

RPT-INSIGHT-Under Armour leads Olympic marketing shake-up after "rule 40" changes

June 29 Against a backdrop of the iconic five rings, legendary swimmer Michael Phelps sat on a United States Olympic Committee stage at a March media event in Los Angeles, telling reporters why he had arrived fashionably late.