ARR dividend yield – ARMOUR Residential REIT Guides January Dividend Decrease from December’s $0.40/Share to $0.24/Share

🌥️Trending News

ARMOUR ($NYSE:ARR) Residential REIT Inc. is a leading real estate investment trust (REIT) that specializes in managing and investing in residential mortgage-backed securities. The company has recently announced that its January dividend will be cut to $0.24 per share, down from the $0.40 per share distributed in December. This decrease comes as a result of ARMOUR’s continued efforts to maintain its commitment to optimizing its cash flows. The company has also stated that it has reviewed the potential for additional dividend reductions this year, recognizing that market conditions are still uncertain.

Despite this, ARMOUR has expressed confidence in its long-term goal of delivering strong returns and consistent income to its shareholders. As part of its strategy, the company will continue to focus on taking advantage of opportunities that may arise in the market to drive long-term value for shareholders.

Dividends – ARR dividend yield

ARMOUR Residential REIT has recently announced the decision to decrease their January dividend from $0.40/share to $0.24/share. In 2021 and beyond, investors can expect a dividend yield of 19.75%, 16.27%, and 10.7% respectively, with an average of 15.57%. Those looking for dividend stocks should consider ARMOUR RESIDENTIAL REIT as a viable option, as they provide steady returns and appear to have a good track record of providing consistent dividends.

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…

Price History

This announcement came as the company closed last Thursday with a stock price of $19.8, up from the opening price for the day of $18.7. Despite the decrease in dividend, the stock price remained relatively unchanged, suggesting that investors are still optimistic about the company’s financial outlook for the coming year. Live Quote…

Analysis

GoodWhale conducted a comprehensive analysis of ARMOUR RESIDENTIAL REIT’s fundamentals and found that, based on our Star Chart, the company has a strong financial health score of 7/10. This indicates ARMOUR RESIDENTIAL REIT is capable of paying off its debt and investing in future operations. We have classified the company as a ‘cow’, meaning it has a track record of paying out consistent and sustainable dividends, making it an attractive option for investors seeking steady returns. ARMOUR RESIDENTIAL REIT is strong in terms of its assets, however it is weaker in dividends, growth, and profitability. As a result, this investment may be most suitable for investors who prefer steady income and are more focused on long-term capital appreciation rather than short-term gains. 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) is a publicly traded mortgage real estate investment trust that invests primarily in residential mortgage-backed securities. This decrease may have a negative impact on investment returns for ARMOUR investors. Further, ARMOUR has been impacted by the Federal Reserve’s decision to raise interest rates and this could have an adverse effect on the mortgage market, and in turn, ARMOUR.

In addition, ARMOUR’s investments are highly sensitive to any changes in home prices, and an economic downturn could reduce home prices which could further affect ARMOUR’s dividend payments and total return. As such, investors should conduct thorough analysis before investing in ARMOUR, as the trust’s recent dividend decrease and the uncertain macroeconomic environment may pose additional risk.