NEW YORK ( TheStreet) -- The ex-dividend date for ARMOUR Residential REIT (NYSE: ARR) is tomorrow, March 13, 2012. Owners of shares as of market close today will be eligible for a dividend of 11 cents per share. At a price of $6.92 as of 9:30 a.m. ET, the dividend yield is 18.6%. The average volume for ARMOUR Residential REIT has been 2.3 million shares per day over the past 30 days. ARMOUR Residential REIT has a market cap of $600.1 million and is part of the financial sector and real estate industry. Shares are down 2.1% year to date as of the close of trading on Friday. No company description available.
- Sign up for TheStreet's FREE Dividend and Income Investor Newsletter