Dividend Flows Coverage: Forecasted dividends of $0.22 are lurking just around the corner for ARMOUR Residential REIT, Inc. (NYSE:ARR) shareholder?

Dividend Flows Coverage: Forecasted dividends of $0.22 are lurking just around the corner for ARMOUR Residential REIT, Inc. (NYSE:ARR) shareholder?

ARMOUR Residential REIT, Inc. (NYSE:ARR) is expected to pay $0.22 on Oct 27, 2016. The indicated annual dividend is $2.64. Shareholders owning the stock before Oct 12, 2016 will be eligible to receive the payout. Based on ARMOUR Residential REIT, Inc.’s current price of $21.85, the dividend is 1.01%. This dividend’s record date is Oct 14, 2016 and the announcement date is Oct 3, 2016. The stock increased 0.55% or $0.12 on October 7, hitting $21.85. ARMOUR Residential REIT, Inc. (NYSE:ARR) has risen 7.30% since March 8, 2016 and is uptrending. It has underperformed by 2.02% the S&P500.

ARMOUR Residential REIT, Inc. is an externally managed real estate investment trust (REIT). The company has a market cap of $796.66 million. The Firm invests in residential mortgage backed securities issued or guaranteed by the United States Government-sponsored entity (GSE), such as the Federal National Mortgage Association (Fannie Mae), the Federal Home Loan Mortgage Corporation (Freddie Mac) or guaranteed by the Government National Mortgage Administration (Ginnie Mae) (collectively, Agency Securities). It currently has negative earnings. It also may invest in other securities backed by residential mortgages for which the payment of principal and interest is not guaranteed by a GSE or government agency (collectively, Non-Agency Securities).

Insitutional Activity: The institutional sentiment Infinity in 2016 Q2. Its in 2016Q1. The ratio [12345], as 0 funds sold all ARMOUR Residential REIT, Inc. shares owned while 0 reduced positions. 0 funds bought stakes while 2 increased positions. They now own 616,370 shares or 75.17% more from 351,870 shares in 2016Q1.
Penn Mutual Life Communications last reported 294,000 shares in the company. Edge Wealth Limited Liability Company accumulated 0.14% or 14,185 shares.

Insider Transactions: Since May 4, 2016, the stock had 5 insider buys, and 0 selling transactions for $863,244 net activity. Another trade for 10,000 shares valued at $221,140 was made by Zimmer Jeffrey J on Monday, August 22. 2,000 shares were bought by MOUNTAIN JAMES R, worth $39,900 on Wednesday, May 4. ULM SCOTT also bought $198,527 worth of ARMOUR Residential REIT, Inc. (NYSE:ARR) shares.

ARMOUR Residential REIT, Inc. (NYSE:ARR) Ratings Coverage

Out of 5 analysts covering Armour Residential REIT Inc (NYSE:ARR), 0 rate it a “Buy”, 2 “Sell”, while 3 “Hold”. This means 0 are positive. Armour Residential REIT Inc has been the topic of 11 analyst reports since August 4, 2015 according to StockzIntelligence Inc. The company was maintained on Tuesday, October 13 by Barclays Capital. The rating was downgraded by Zacks on Tuesday, August 18 to “Buy”. The company was downgraded on Wednesday, May 4 by Ladenburg Thalmann. The stock has “Underweight” rating given by Barclays Capital on Thursday, August 4. Barclays Capital maintained the stock with “Equal Weight” rating in Tuesday, November 10 report. The company was maintained on Thursday, August 4 by Deutsche Bank. The rating was maintained by Deutsche Bank on Monday, November 9 with “Hold”. Nomura downgraded it to “Reduce” rating and $16 target price in Wednesday, February 24 report.

More notable recent ARMOUR Residential REIT, Inc. (NYSE:ARR) news were published by: Nasdaq.com which released: “Ex-Dividend Reminder: FelCor Lodging Trust, ARMOUR Residential REIT and Synnex …” on October 10, 2016, also Globenewswire.com with their article: “ARMOUR Residential REIT, Inc. Announces Expected Increased Common Stock …” published on June 18, 2015, Globenewswire.com published: “ARMOUR Residential REIT, Inc. Announces Effectiveness of Reverse Stock Split” on July 31, 2015. More interesting news about ARMOUR Residential REIT, Inc. (NYSE:ARR) were released by: Globenewswire.com and their article: “ARMOUR Residential REIT, Inc. Confirms July 2016 Dividend Rate Per Common …” published on July 01, 2016 as well as Seekingalpha.com‘s news article titled: “Armor Residential REIT: Small Dividend Cut Coming” with publication date: October 06, 2016.

ARR Company Profile

ARMOUR Residential REIT, Inc. (ARMOUR), incorporated on February 5, 2008, is an externally managed real estate investment trust (REIT). The Firm invests in residential mortgage backed securities issued or guaranteed by the United States Government-sponsored entity (GSE), such as the Federal National Mortgage Association (Fannie Mae), the Federal Home Loan Mortgage Corporation (Freddie Mac) or guaranteed by the Government National Mortgage Administration (Ginnie Mae) (collectively, Agency Securities). It also may invest in other securities backed by residential mortgages for which the payment of principal and interest is not guaranteed by a GSE or government agency (collectively, Non-Agency Securities).

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