Armour Residential REIT, Inc. 8-K

What Happened

• ARMOUR Residential REIT, Inc. (ARMOUR) and its external manager, ARMOUR Capital Management LP (ACM), filed an 8-K on April 1, 2026 reporting a Ninth Amended and Restated Management Agreement effective March 30, 2026. The base term of the management agreement was extended by 3.25 years from December 31, 2029 to March 31, 2033. The filing states that termination and extension procedures and all other terms of the agreement remain unchanged.
• The company also confirmed dividends: a cash common-stock dividend of $0.24 per share for April 2026 and a monthly cash dividend of $0.14583 per share on ARMOUR Series C Preferred Stock for each month of Q2 2026, with the related record and payment dates provided in the filing.

Key Details

• Management agreement: Ninth Amended and Restated Management Agreement effective March 30, 2026; extends base term to March 31, 2033 (3.25-year extension).
• Common dividend: $0.24 per share; record date April 15, 2026; payment date April 29, 2026.
• Series C preferred dividends (Q2 2026): $0.14583 per share each month.
  • April: record Apr 15, pay Apr 27, 2026
  • May: record May 15, pay May 27, 2026
  • June: record Jun 15, pay Jun 29, 2026
• The Ninth Amended agreement replaces the prior Eighth Amended and Restated Management Agreement (effective February 14, 2023); no other contractual terms were changed per the filing.

Why It Matters

• The extension keeps ARMOUR’s current external management relationship with ACM in place through March 2033, providing continuity in management and operations without changing termination procedures or other contract terms. For investors, this reduces near-term uncertainty about who manages the company.
• The confirmed common and Series C preferred dividends are material cash returns to shareholders: the common dividend confirms the company will pay $0.24 per share in April 2026, and preferred holders will receive the stated monthly amounts for Q2 2026 according to the announced schedule.