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

NEW YORK ( TheStreet) -- The ex-dividend date for ARMOUR Residential REIT (NYSE: ARR) is Monday, August 13, 2012. Owners of shares as of market close today will be eligible for a dividend of 10 cents per share. At a price of $7.49 as of 9:30 a.m. ET, the dividend yield is 16.1%.

The average volume for ARMOUR Residential REIT has been 7.7 million shares per day over the past 30 days. ARMOUR Residential REIT has a market cap of $1.74 billion and is part of the financial sector and real estate industry. Shares are up 5.7% year to date as of the close of trading on Thursday.

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. The company has a P/E ratio of 53.2, above the average real estate industry P/E ratio of 16.9 and above the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates ARMOUR Residential REIT as a sell. The company's weaknesses can be seen in multiple areas, such as its generally weak debt management and disappointing return on equity. You can view the full ARMOUR Residential REIT Ratings Report.

See our dividend calendar or top-yielding stocks list.
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