ARMOUR Residential REIT, Inc. ( ARR ) will begin trading ex-dividend on April 13, 2015. A cash dividend payment of $0.04 per share is scheduled to be paid on April 27, 2015. Shareholders who purchased ARR prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 6th quarter that ARR has paid the same dividend. At the current stock price of $3.19, the dividend yield is 15.05%.
The previous trading day's last sale of ARR was $3.19, representing a -28.48% decrease from the 52 week high of $4.46 and a 4.59% increase over the 52 week low of $3.05.
ARR is a part of the Consumer Services sector, which includes companies such as Simon Property Group, Inc. ( SPG ) and American Tower Corporation (REIT) ( AMT ). ARR's current earnings per share, an indicator of a company's profitability, is -$.55. Zacks Investment Research reports ARR's forecasted earnings growth in 2015 as -41.84%, compared to an industry average of 1.7%.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.