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ARMOUR Residential REIT, Inc. (ARR)

NYSE - Nasdaq Real Time Price. Currency in USD
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26.35+0.09 (+0.34%)
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ARMOUR Residential REIT, Inc.

3001 Ocean Drive
Suite 201
Vero Beach, FL 32963
United States
772-617-4340
http://www.armourreit.com

SectorFinancial
IndustryREIT - Residential
Full Time Employees

Key Executives

NameTitlePayExercisedAge
Mr. Jeffrey J. ZimmerCo-Vice Chairman, Co-Chief Exec. Officer and Pres80.32kN/A60
Mr. Scott J. UlmCo-Vice Chairman, Co-Chief Exec. Officer, Chief Investment Officer and Head of Risk Management80.32kN/A59
Mr. James R. MountainChief Financial Officer, Treasurer and Sec.10.4kN/A58
Mr. Mark R. Gruber CFAChief Operating Officer and Head of Portfolio Management10.03kN/A41
Mr. Gordon M. HarperVP of Fin. and ControllerN/AN/A50
Amounts are as of December 31, 2016 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.

Description

ARMOUR Residential REIT, Inc. invests in residential mortgage backed securities in the United States. The company is managed by ARMOUR Capital Management LP. It invests primarily in fixed rate residential, adjustable rate, and hybrid adjustable rate residential mortgage-backed securities issued or guaranteed by the United States Government-sponsored enterprises (GSEs), or guaranteed by the Government National Mortgage Association. The company also invests in other securities backed by residential mortgages for which the payment of principal and interest is not guaranteed by a GSE or government agency. The company has elected to be taxed as a real estate investment trust under the Internal Revenue Code. As a result, it would not be subject to corporate income tax on that portion of its net income that is distributed to shareholders. The company was founded in 2008 and is based in Vero Beach, Florida.

Corporate Governance

ARMOUR Residential REIT, Inc.’s ISS Governance QualityScore as of September 1, 2017 is 7. The pillar scores are Audit: 2; Board: 8; Shareholder Rights: 6; Compensation: 6.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while a 10 indicates higher governance risk.