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NEW YORK ( TheStreet) -- The ex-dividend date for ARMOUR Residential REIT (NYSE: ARR) is tomorrow, May 11, 2012. Owners of shares as of market close today will be eligible for a dividend of 10 cents per share. At a price of $7.03 as of 9:35 a.m. ET, the dividend yield is 17.1%. The average volume for ARMOUR Residential REIT has been 4.9 million shares per day over the past 30 days. ARMOUR Residential REIT has a market cap of $1.24 billion and is part of the financial sector and real estate industry. Shares are down 0.4% year to date as of the close of trading on Wednesday. No company description available.