Looking at the universe of stocks we cover at Dividend Channel, on 10/10/13, ARMOUR Residential REIT Inc. (NYSE: ARR) will trade ex-dividend, for its monthly dividend of $0.05, payable on 10/28/13. As a percentage of ARR's recent stock price of $4.22, this dividend works out to approximately 1.18%, so look for shares of ARMOUR Residential REIT Inc. to trade 1.18% lower — all else being equal — when ARR shares open for trading on 10/10/13.
Below is a dividend history chart for ARR, showing historical dividends prior to the most recent $0.05 declared by ARMOUR Residential REIT Inc.:
In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from ARR is likely to continue, and whether the current estimated yield of 14.22% on annualized basis is a reasonable expectation of annual yield going forward.
The chart below shows the one year performance of ARR shares, versus its 200 day moving average:
Looking at the chart above, ARR's low point in its 52 week range is $3.74 per share, with $7.71 as the 52 week high point — that compares with a last trade of $4.22.
According to the ETF Finder at ETF Channel, ARR makes up 3.41% of the Mortgage REIT Income ETF (AMEX: MORT)which is trading relatively unchanged on the day Tuesday.
See what other ETFs contain ARR »
See what other stocks are held by MORT »
According to Preferred Stock Channel, there is are 2 series of preferred stock that are senior to ARR — find out what they are ».
In Tuesday trading, ARMOUR Residential REIT Inc. shares are currently trading flat on the day.
