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NEW YORK ( TheStreet) -- The ex-dividend date for ARMOUR Residential REIT (NYSE: ARR) is tomorrow, January 11, 2012. Owners of shares as of market close today will be eligible for a dividend of 11 cents per share. At a price of $7.09 as of 9:55 a.m. ET, the dividend yield is 18.4%. The average volume for ARMOUR Residential REIT has been 1.9 million shares per day over the past 30 days. ARMOUR Residential REIT has a market cap of $605.2 million and is part of the financial sector and real estate industry. Shares are up 2.1% year to date as of the close of trading on Monday. No company description available. The company has a P/E ratio of 10.4, above the average real estate industry P/E ratio of 6.7 and below the S&P 500 P/E ratio of 17.7.