NEW YORK ( TheStreet) -- The ex-dividend date for ARMOUR Residential REIT (AMEX: ARR) is tomorrow, July 13, 2011. Owners of shares as of market close today will be eligible for a dividend of 12 cents per share. At a price of $7.62 as of 10:03 a.m. ET, the dividend yield is 18.8%. The average volume for ARMOUR Residential REIT has been 2.6 million shares per day over the past 30 days. ARMOUR Residential REIT has a market cap of $532.2 million and is part of the financial sector and real estate industry. Shares are down 1.8% year to date as of the close of trading on Monday. No company description available. The company has a P/E ratio of 5.8, above the average real estate industry P/E ratio of 5.6 and below the S&P 500 P/E ratio of 17.7.
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