8-K

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

FORM 8-K

CURRENT REPORT PURSUANT

TO SECTION 13 OR 15(d) OF THE

SECURITIES EXCHANGE ACT OF 1934

Date of report (Date of earliest event reported)                       September 18, 2013                     

ARMOUR Residential REIT, Inc.

(Exact Name of Registrant as Specified in Its Charter)

Maryland	001-34766	26-1908763
(State or Other Jurisdiction of Incorporation)	(Commission File Number)	(IRS Employer Identification No.)

3001 Ocean Drive, Suite 201 Vero Beach, Florida	32963
(Address of Principal Executive Offices)	(Zip Code)

(772) 617-4340

(Registrant’s Telephone Number, Including Area Code)

n/a

 (Former Name or Former Address, if Changed Since Last Report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Item 8.01. Other Events.

On September 18, 2013, ARMOUR Residential REIT, Inc. (“ARMOUR”) announced a monthly cash dividend rate of $0.05 per share will be payable to holders of ARMOUR common stock for each of the three months in the fourth quarter of 2013, as set forth below:

Holder of Record Date	Payment Date
October 15, 2013	October 28, 2013
November 15, 2013	November 27, 2013
December 16, 2013	December 27, 2013

Additionally, ARMOUR confirmed on September 18, 2013 monthly cash dividend rates of $0.171875 and $0.1640625 per share will be payable to holders of ARMOUR Series A Preferred Stock and Series B Preferred Stock, respectively, for each of the three months in the fourth quarter of 2013 as set forth below:

Holder of Record Date	Payment Date
October 15, 2013	October 28, 2013
November 15, 2013	November 27, 2013
December 15, 2013	December 27, 2013

A copy of ARMOUR's press release announcing the common stock dividends and confirming the preferred stock dividends is attached hereto as Exhibit 99.1 and incorporated herein by reference.

Item 9.01. Financial Statements and Exhibits.

(d) Exhibits

Exhibit No.	Description
99.1	Press Release announcing Q4 2013 common stock dividends and confirming Q4 2013 Series A Preferred Stock dividends and Series B Preferred Stock dividends, dated September 18, 2013

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SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

Dated: September 18, 2013

ARMOUR RESIDENTIAL REIT, INC.
By:	/s/ James R. Mountain
Name:	James R. Mountain
Title:	Chief Financial Officer

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Exhibit Index

Exhibit No.	Description
99.1	Press Release announcing Q4 2013 common stock dividends and confirming Q4 2013 Series A Preferred Stock dividends and Series B Preferred Stock dividends, dated September 18, 2013

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EX-99

Exhibit 99.1

 

ARMOUR RESIDENTIAL REIT, INC. ANNOUNCES MONTHLY DIVIDEND RATE

OF $0.05 PER SHARE AND CONFIRMS SERIES A AND SERIES B

PREFERRED STOCK MONTHLY DIVIDENDS FOR Q4 2013

VERO BEACH, Fla. – September 18, 2013 -- ARMOUR Residential REIT, Inc. (NYSE: ARR, ARR PrA and ARR PrB) (NYSE MKT: ARR.WS) (“ARMOUR” or the “Company”) today announced the Q4 2013 monthly cash dividend rate for the Company’s Common Stock of $0.05 per share, which represents an annualized yield of 14.7% based on the closing market price of the stock on September 17, 2013.

In order to limit exposure to increasing volatility in the mortgage and US Treasury bond markets in Q3 2013, the Company reduced its portfolio to approximately $16.1 billion from a high of approximately $26.9 billion in the first half of 2013. The Company did not reduce any of its hedge positions since June 30, 2013, which represent 88.6% of repurchase agreement borrowings and resulted in a net balance sheet duration of 1.05 at August 30, 2013. For additional information about the Company’s investment portfolio, liquidity, financing, hedging and other matters, please see the Company’s latest monthly update at http://www.armourreit.com/updates/ARR Company Update Sept 10 2013.pdf.

The Company also confirmed the Q4 2013 monthly cash dividends for the Company's Series A and Series B Preferred Stock.

Q4 2013 Common Stock Dividend Information

Month	Dividend	Holder of Record Date	Payment Date
October 2013	$0.05	October 15, 2013	October 28, 2013
November 2013	$0.05	November 15, 2013	November 27, 2013
December 2013	$0.05	December 16, 2013	December 27, 2013

Q4 2013 Series A Preferred Stock Dividend Information

Month	Dividend	Holder of Record Date	Payment Date
October 2013	$0.171875	October 15, 2013	October 28, 2013
November 2013	$0.171875	November 15, 2013	November 27, 2013
December 2013	$0.171875	December 15, 2013	December 27, 2013

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ARMOUR Residential REIT, Inc. Announces Monthly Common and

Preferred Stock Dividend Rates

Page 2

September 18, 2013

Q4 2013 Series B Preferred Stock Dividend Information

Month	Dividend	Holder of Record Date	Payment Date
October 2013	$0.1640625	October 15, 2013	October 28, 2013
November 2013	$0.1640625	November 15, 2013	November 27, 2013
December 2013	$0.1640625	December 15, 2013	December 27, 2013

About ARMOUR Residential REIT, Inc.

ARMOUR is a Maryland corporation that invests primarily in fixed rate residential, adjustable rate and hybrid adjustable rate mortgage-backed securities issued or guaranteed by U.S. Government-sponsored entities. ARMOUR is externally managed and advised by ARMOUR Residential Management LLC, an investment advisor registered with the Securities and Exchange Commission (“SEC”). ARMOUR Residential REIT, Inc. has elected to be taxed as a real estate investment trust for U.S. federal income tax purposes.

Safe Harbor

This press release includes “forward-looking statements” within the meaning of the safe harbor provisions of the United States Private Securities Litigation Reform Act of 1995. Actual results may differ from expectations, estimates and projections and, consequently, you should not rely on these forward-looking statements as predictions of future events. Words such as “expect,” “estimate,” “project,” “budget,” “forecast,” “anticipate,” “intend,” “plan,” “may” “will,” “could,” “should,” “believes,” “predicts,” “potential,” “continue,” and similar expressions are intended to identify such forward-looking statements. These forward-looking statements involve significant risks and uncertainties that could cause the actual results to differ materially from the expected results. The Company disclaims any obligation to release publicly any updates or revisions to any forward-looking statement to reflect any change in its expectations or any change in events, conditions or circumstances on which any such statement is based.

Additional Information and Where to Find It

Investors, security holders and other interested persons may find additional information regarding the Company at the SEC's Internet site at http://www.sec.gov/, or the Company website at http://www.armourreit.com, or by directing requests to: ARMOUR Residential REIT, Inc., 3001 Ocean Drive, Suite 201, Vero Beach, Florida 32963, Attention: Investor Relations.

Investor Contact:

James R. Mountain

Chief Financial Officer

ARMOUR Residential REIT, Inc.

(772) 617-4340

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