ARMOUR Residential REIT, Inc. (ARR) will begin trading ex-dividend on August 14, 2020. A cash dividend payment of $0.1 per share is scheduled to be paid on August 28, 2020. Shareholders who purchased ARR prior to the ex-dividend date are eligible for the cash dividend payment. This represents an -41.18% decrease from prior dividend payment. At the current stock price of $9.75, the dividend yield is 12.31%.
The previous trading day's last sale of ARR was $9.75, representing a -53.9% decrease from the 52 week high of $21.15 and a 96.97% increase over the 52 week low of $4.95.
ARR is a part of the Consumer Services sector, which includes companies such as American Tower Corporation (REIT) (AMT) and Prologis, Inc. (PLD). ARR's current earnings per share, an indicator of a company's profitability, is -$5.49. Zacks Investment Research reports ARR's forecasted earnings growth in 2020 as -37.89%, compared to an industry average of -21.4%.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.