Looking at the universe of stocks we cover at Dividend Channel, on 3/13/14, ARMOUR Residential REIT Inc. (ARR), Altisource Residential Corp (RESI), and Investors Real Estate Trust (IRET) will all trade ex-dividend for their respective upcoming dividends. ARMOUR Residential REIT Inc. will pay its monthly dividend of $0.05 on 3/28/14, Altisource Residential Corp will pay its quarterly dividend of $0.40 on 3/24/14, and Investors Real Estate Trust will pay its quarterly dividend of $0.13 on 4/1/14.As a percentage of ARR's recent stock price of $4.29, this dividend works out to approximately 1.16%, so look for shares of ARMOUR Residential REIT Inc. to trade 1.16% lower — all else being equal — when ARR shares open for trading on 3/13/14. Similarly, investors should look for RESI to open 1.35% lower in price and for IRET to open 1.50% lower, all else being equal. Below are dividend history charts for ARR, RESI, and IRET, showing historical dividends prior to the most recent ones declared. ARMOUR Residential REIT Inc. (ARR):
Altisource Residential Corp (RESI):
In Tuesday trading, ARMOUR Residential REIT Inc. shares are currently up about 0.6%, Altisource Residential Corp shares are off about 0.7%, and Investors Real Estate Trust shares are up about 0.1% on the day.