ARR dividend calculator – ARMOUR Residential REIT Inc Declares 0.08 Cash Dividend

Dividends Yield

ARMOUR RESIDENTIAL REIT ($NYSE:ARR) has paid an annual dividend per share of 1.2 USD in the past 3 years and is one of the few REITs to offer a yield of 16.27% per year. If you are looking for dividend stocks, ARMOUR RESIDENTIAL REIT should be one of your considerations. The ex-dividend date for this dividend is March 14 2023, so investors must purchase their shares prior to this date in order to qualify for the dividend. This dividend offer makes ARMOUR RESIDENTIAL REIT an attractive opportunity for income-seeking investors, as it offers a higher dividend yield than many other REITs in the market.

Stock Price

Following the announcement, the stock opened at $5.4 and closed at $5.3, representing a 2.9% decline from last closing price. This decline indicates a lack of investor confidence in the company’s dividend policy. Live Quote…

About the Company

Income Snapshot

Below shows the total revenue, net income and net margin for ARR. More…

Cash Flow Snapshot

Below shows the cash from operations, investing and financing for ARR. More…

Balance Sheet Snapshot

Below shows the total assets, liabilities and book value per share for ARR. More…

Key Ratios Snapshot

Some of the financial key ratios for ARR are shown below. More…

Analysis – ARR Stock Intrinsic Value

At GoodWhale, we analyzed ARMOUR RESIDENTIAL REIT’s fundamentals to provide investors with an objective view of the company. Our proprietary Valuation Line revealed that the intrinsic value of a share of ARMOUR RESIDENTIAL REIT is around $8.1. This is significantly higher than the current stock price of $5.3, making the stock an attractive buy from a value perspective. We found that ARMOUR RESIDENTIAL REIT is undervalued by 34.4%. More…

Peers

The company is headquartered in Boca Raton, Florida and was founded in 2006. ARMOUR operates as a holding company that owns subsidiaries which are engaged in the business of acquiring, investing in, and managing residential mortgage-backed securities. The company competes against Chimera Investment Corp, Dynex Capital Inc, and Annaly Capital Management Inc.

– Chimera Investment Corp ($NYSE:CIM)

Chimera Investment Corporation is a real estate investment trust that primarily invests in adjustable-rate and fixed-rate residential mortgage loans, commercial mortgage loans, real estate-related securities, and other asset classes. The company has a market cap of $1.57 billion as of 2022.

– Dynex Capital Inc ($NYSE:DX)

Dynex Capital, Inc. is a publicly traded real estate investment trust. The company invests in a variety of real estate-related assets, including commercial mortgage loans, commercial mortgage-backed securities, and other real estate-related investments.

– Annaly Capital Management Inc ($NYSE:NLY)

Analysts have estimated that Annaly Capital Management Inc’s market cap would be around 10.08B as of 2022. The company’s main focus is on providing mortgage financing and servicing to the US residential and commercial real estate markets. In recent years, the company has expanded its operations into other areas such as healthcare and student housing.

Summary

ARMOUR RESIDENTIAL REIT is a real estate investment trust that has consistently paid a regular dividend of 1.2 USD per share in the last 3 years. This equates to a yield of 16.27% on an annual basis, making it an attractive investment for yield-seeking investors. Analysts suggest that the company has a stable, long-term income stream from its residential mortgage portfolio, which should remain relatively secure from macroeconomic pressures.

Furthermore, the company has a conservative dividend payout policy, which suggests that dividends are likely to continue to remain steady over the long term. Given the attractive dividend yield and stable income stream, ARMOUR RESIDENTIAL REIT appears to be an interesting investment for those looking for a reliable income.