ARMOUR Residential REIT, Inc. ( ARR ) will begin trading ex-dividend on March 13, 2013. A cash dividend payment of $0.08 per share is scheduled to be paid on March 27, 2013. Shareholders who purchased ARR stock prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 3rd quarter that ARR has paid the same dividend. At the current stock price of $6.72, the dividend yield is 14.29%.
The previous trading day's last sale of ARR was $6.72, representing a -15.79% decrease from the 52 week high of $7.98 and a 17.89% increase over the 52 week low of $5.70.
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 $.97. Zacks Investment Research reports ARR's forecasted earnings growth in 2013 as -6.23%, compared to an industry average of -7.3%.
For more information on the declaration, record and payment dates, visit the ARR Dividend History page.
Interested in gaining exposure to ARR through an Exchange Traded Fund [ETF]?
The following ETF(s) have ARR as a top-10 holding:
- IQ US Real Estate Small Cap ETF ( ROOF )
- iShares FTSE NAREIT Mortgage REITs Index Fund ( REM )
- N/A (SLVY)
- Vanguard Scottsdale Funds Vanguard Russell 2000 Value ETF ( VTWV )
- iShares Russell 2000 Value Index Fund ( IWN ).
The top-performing ETF of this group is ROOF with an increase of 18.76% over the last 100 days. It also has the highest percent weighting of ARR at 4.56%.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.