ARR dividend yield – ARMOUR Residential REIT Declares $0.08/Share Monthly Dividend, 16.19% Yield, Payable March 28.
February 21, 2023
Trending News 🌥️
ARMOUR ($NYSE:ARR) Residential REIT (ARR) recently declared a $0.08 per share monthly dividend, down 20% from their previous dividend of $0.10 per share. This dividend is payable on March 28th to shareholders of record on March 15th, with an ex-dividend date of March 14th. The forward yield for this dividend is 16.19%. ARMOUR Residential REIT is a REIT specializing in the management, acquisition and financing of single family residential mortgage-backed securities issued or guaranteed by U.S. Government agencies or U.S. Government sponsored entities. The company invests in a variety of mortgage-related investments and other related investments, primarily agency and government-guaranteed residential mortgage-backed securities.
For more information on this dividend and other ARMOUR Residential REIT dividends, please refer to the ARMOUR Residential REIT Dividend Scorecard, Yield Chart, and Dividend Growth. Investors who are unsure as to if this dividend is suitable for them should consult their financial advisors before making any investment decisions.
Dividends – ARR dividend yield
ARMOUR Residential REIT provides steady income for investors through its regular dividend payments. This dividend yield is higher than the average of the last three years, which have been 1.2, 1.2 and 1.3 USD per share respectively. Investors who are looking for a reliable dividend stock might find ARMOUR RESIDENTIAL REIT worth considering.
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for ARR. More…
| Total Revenues | Net Income | Net Margin |
| -225.87 | -241.91 | – |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for ARR. More…
| Operations | Investing | Financing |
| 124.08 | -3.89k | 3.53k |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for ARR. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 9.44k | 8.32k | 6.83 |
Key Ratios Snapshot
Some of the financial key ratios for ARR are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| – | – | – |
| FCF Margin | ROE | ROA |
| – | – | – |
Price History
ARMOUR Residential REIT has recently declared a dividend of $0.08/share, or an annualized yield of 16.19%. The dividend will be paid on March 28th. Despite this positive news, coverage of the company remains mostly negative.
On Wednesday, its stock opened at $5.8 and closed at $5.7, down by 3.2% from the last closing price of 5.9. This suggests that investors remain wary of ARMOUR Residential REIT’s future prospects. Live Quote…
Analysis – ARR Intrinsic Value
At GoodWhale, we have been conducting an analysis of ARMOUR RESIDENTIAL REIT’s wellbeing. Through our proprietary Valuation Line, we have arrived at a fair value of the ARMOUR RESIDENTIAL REIT share at around $8.2. However, the stock is currently being traded at $5.7, which indicates that the market is undervaluing it by 30.7%. This could be a great opportunity for investors to benefit from the current market situation. More…
Peers
The company is headquartered in Boca Raton, Florida and was founded in 2006. ARMOUR operates as a holding company that owns subsidiaries which are engaged in the business of acquiring, investing in, and managing residential mortgage-backed securities. The company competes against Chimera Investment Corp, Dynex Capital Inc, and Annaly Capital Management Inc.
– Chimera Investment Corp ($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 (ARMOUR) recently declared a monthly dividend of $0.08/share, with a yield of 16.19%. This pay-out is set to be paid out on March 28. Despite the dividend announcement, news coverage has been mostly negative and in line with this, stock prices have decreased on the same day. Investors should keep a close eye on ARMOUR, as this move could be seen as a possible sign of poor performance.
Additionally, market conditions should be taken into account before investing in ARMOUR and would-be investors should consider their individual financial situations carefully before deciding to invest.
