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.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
