ARMOUR Residential REIT, Inc. (ARR) will begin trading ex-dividend on September 13, 2019. A cash dividend payment of $0.17 per share is scheduled to be paid on September 27, 2019. Shareholders who purchased ARR 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 $17.33, the dividend yield is 11.77%.
The previous trading day's last sale of ARR was $17.33, representing a -26.85% decrease from the 52 week high of $23.69 and a 8.31% increase over the 52 week low of $16.
ARR is a part of the Consumer Services sector, which includes companies such as American Tower Corporation (REIT) (AMT) and Crown Castle International Corporation (CCI). ARR's current earnings per share, an indicator of a company's profitability, is -$9.3. Zacks Investment Research reports ARR's forecasted earnings growth in 2019 as -8%, compared to an industry average of -5.8%.
Interested in gaining exposure to ARR through an Exchange Traded Fund [ETF]?
The following ETF(s) have ARR as a top-10 holding:
- Invesco KBW High Dividend Yield Financial ETF (KBWD)
- Invesco S&P SmallCap Low Volatility ETF (XSLV).
The top-performing ETF of this group is XSLV with an increase of 3.66% over the last 100 days. KBWD has the highest percent weighting of ARR at 3.45%.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.