ARMOUR Residential REIT Stock To Go Ex-dividend Tomorrow (ARR)

The ex-dividend date for ARMOUR Residential REIT (NYSE:ARR) is tomorrow, July 11, 2013. Owners of shares as of market close today will be eligible for a dividend of 7 cents per share. At a price of $4.38 as of 9:30 a.m., the dividend yield is 19.5%.
By TheStreet Wire ,

NEW YORK (

TheStreet

) -- The ex-dividend date for

ARMOUR Residential REIT

(NYSE:

ARR

) is tomorrow, July 11, 2013. Owners of shares as of market close today will be eligible for a dividend of 7 cents per share. At a price of $4.38 as of 9:30 a.m. ET, the dividend yield is 19.5%.

The average volume for ARMOUR Residential REIT has been 8.1 million shares per day over the past 30 days. ARMOUR Residential REIT has a market cap of $1.61 billion and is part of the financial sector and real estate industry. Shares are down 33.5% year to date as of the close of trading on Tuesday.

ARMOUR Residential REIT, Inc. is a real estate investment trust launched and managed by ARMOUR Residential Management LLC. It invests in the real estate markets of the United States.

  • EXCLUSIVE OFFER: Jim Cramer's Protégé, Dave Peltier, only buys Stocks Under $10 that he thinks could potentially double. See what he's trading today with a 14-day FREE pass.

TheStreet Ratings rates

ARMOUR Residential REIT

as a

hold

. The company's strengths can be seen in multiple areas, such as its robust revenue growth, attractive valuation levels and expanding profit margins. However, as a counter to these strengths, we also find weaknesses including a generally disappointing performance in the stock itself and feeble growth in the company's earnings per share. You can view the full

ARMOUR Residential REIT Ratings Report

.

See our

dividend calendar

or

top-yielding stocks list

.

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more.

.

null

Loading ...