Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model NEW YORK ( TheStreet) -- The ex-dividend date for ARMOUR Residential REIT (NYSE: ARR) is tomorrow, September 12, 2012. Owners of shares as of market close today will be eligible for a dividend of 10 cents per share. At a price of $7.60 as of 9:30 a.m. ET, the dividend yield is 15.9%. The average volume for ARMOUR Residential REIT has been 9.6 million shares per day over the past 30 days. ARMOUR Residential REIT has a market cap of $1.77 billion and is part of the financial sector and real estate industry. Shares are up 7.2% year to date as of the close of trading on Monday. 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 54, above the average real estate industry P/E ratio of 17.2 and above the S&P 500 P/E ratio of 17.7.
- ACTIVE STOCK TRADERS: Check out TheStreet's special offer for Real Money, headlined by Jim Cramer, now!